4 ms·
It's basically impossible to increase housing utilization to 100%. It's pointless to even try. 10% is a healthy vacancy rate. Build 110% of the housing your
by forwhomst 7y ago
It's basically impossible to increase housing utilization to 100%. It's pointless to even try. 10% is a healthy vacancy rate. Build 110% of the housing your city needs.
- logfromblammo 7y agoMathematical nitpick. A vacancy rate of 10% is an occupancy rate of 90%. To house everyone with a 90% occupancy rate, you need to have 100 / 90 in available housing stock, which is 111.1% of occupation requirements. If you only build 110% of what is needed, and no one is homeless, the vacancy rate would be 9.1%, or ( 1 - 100/110 ) . The point still stands. Cities need more housing than strictly required for residents.
- forwhomst 7y agoI perceived the error but I left it there so someone could gratify their pedantry. Congrats.
- logfromblammo 7y agoThank you. Could you box up my discounted dopamine hit for carry-out, please? I might need some smug satisfaction later, possibly while driving, when it's not so easy to go online.