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This point of view only makes sense if there is a strong limit on the number of homes that can be built. This is not the case. Both SF & NY can easily build man
by harryh 8y ago
This point of view only makes sense if there is a strong limit on the number of homes that can be built. This is not the case. Both SF & NY can easily build many many more homes simply by building up. The fact that they, for the most part, aren't doing so is a much much much bigger problem than a few empty homes here and there (as a % it's still a very very small number).
- nautilus12 8y agoI think that if houses could be built more quickly to satisfy both the investment crowd as well as consumers then this would happen because those who benefiet from selling houses would make more money...