2 ms·

I found total construction numbers: ~25k new units in 2017, depending on how you count (https://www1.nyc.gov/assets/rentguidelinesboard/pdf/18HSR.pdf https://ww

by jefftk 7y ago

I found total construction numbers: ~25k new units in 2017, depending on how you count (https://www1.nyc.gov/assets/rentguidelinesboard/pdf/18HSR.pdf https://www1.nyc.gov/assets/rentguidelinesboard/pdf/18HSR.pd...) That's only about 0.3% housing growth.

jefftk 7y ago
Sorry, I used 8M people as the denominator for growth instead of 3.5M units, so it's more like 0.7%
- jefftk 7y ago
  Expanded this into a post: https://www.jefftk.com/p/is-nyc-building-much-housing https://www.jefftk.com/p/is-nyc-building-much-housing