4 ms·
On a country wide scale, housing units to households is in line with historical norms. 1.1 housing units per household. Same as year 2000. But you're right tha
by adam_arthur 5y ago
On a country wide scale, housing units to households is in line with historical norms.
1.1 housing units per household. Same as year 2000. But you're right that local areas could have worse ratios.
https://fred.stlouisfed.org/series/TTLHH https://fred.stlouisfed.org/series/TTLHH
https://fred.stlouisfed.org/series/ETOTALUSQ176N https://fred.stlouisfed.org/series/ETOTALUSQ176N
- llamataboot 5y agorental units are not the same as a house you want to buy, even regardless of location and amenities and size etc
- adam_arthur 5y agoHousing is fungible. Lower rents decrease demand for purchasing and vice versa. There will of course be a subset of people who will exclusively only buy regardless of price, but in aggregate the principle applies