4 ms·
Vacant housing is a problem, but across the US less than 2% of single family homes are vacant
by gnopgnip 5y ago
Vacant housing is a problem, but across the US less than 2% of single family homes are vacant
- rsj_hn 5y agoVacant housing is only a problem in constrained areas. The vast majority of the U.S. is not constrained. Your summer cabin in Montana isn't depriving anyone of a home, because it isn't driving up prices. Your unoccupied condo in Manhattan is depriving someone of a home, but I suspect that there are not so many of these.
- asdff 5y agoWhen they did the vacancy tax in Vancouver it only affected a couple hundred properties out of like two hundred thousand in the market.
- rsj_hn 5y agoYeah, when most people talk about vacant homes, they don't understand that almost all of those homes are just between tenants. They are not actually being left vacant.