4 ms·
If it's supply, why are there high numbers of homeless in lower cost areas like Sacramento that have lots of supply?
by scurvy 7y ago
If it's supply, why are there high numbers of homeless in lower cost areas like Sacramento that have lots of supply?
- seriesf 7y agoThe last available vacancy rate in Sacramento was 2.9%, the lowest ever reported. They don’t have “lots of supply”.
- scurvy 7y agoThey do for sale. Sacramento hasn't been a big renter's market.
- seriesf 7y agoSacramento is majority-renter according to the Census, and is the fifth most competitive (ie worst, from buyer’s perspective) housing market in America according to Redfin. I can’t imagine why you think there is “plenty” here.