3 ms·
Where are you seeing these empty unused lots of land?
by azernik 5y ago
Where are you seeing these empty unused lots of land?
- gamesetmath 5y agodowntown LA has as many unused/vacated units as the number of homeless.
- azernik 5y agoThat is the normal frictional vacancy rate, and is mostly temporary. It's also not a problem of buying and holding empty land; by definition, vacancies are on built-up lots, and they generally spike when construction is finished (takes time to rent/sell all the apartments in a new building). https://la.curbed.com/2020/3/5/21079171/los-angeles-vacancy-apartments-housing https://la.curbed.com/2020/3/5/21079171/los-angeles-vacancy-...