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Vancouver: "City housing planner Matthew Bourke said there doesn't appear to be a correlation between empty homes and housing prices, given that the vacancy rat
by tylerhou 5y ago
Vancouver: "City housing planner Matthew Bourke said there doesn't appear to be a correlation between empty homes and housing prices, given that the vacancy rate remained flat while prices skyrocketed.... Bourke told council that about 70 per cent of single-family homes marked as vacant in 2014 were found to be waiting for a renovation permit." 12.5 * 0.7 = 3.75% (this can't be directly compared to other vacancy numbers, though).
Manhattan: Unsold != unoccupied.
Melbourne: Now we're cherrypicking districts that have less than 15,000 residents total in a city of 5 million in one specific year? This is essentially p-hacking to support a non-existent narrative.
https://en.wikipedia.org/wiki/Cardinia,_Victoria https://en.wikipedia.org/wiki/Cardinia,_Victoria
https://en.wikipedia.org/wiki/Clyde,_Victoria https://en.wikipedia.org/wiki/Clyde,_Victoria
https://en.wikipedia.org/wiki/Docklands,_Victoria https://en.wikipedia.org/wiki/Docklands,_Victoria
Boston: "could remain largely empty." This is speculation. Where is the data?
- sp332 5y ago"Came to market" clearly means they were not renting directly.