4 ms·
In one sense, you're clearly correct. Most people living rough aren't doing so because there are no homes available for them to live in, so given that our kids
by pwinnski 4y ago
In one sense, you're clearly correct. Most people living rough aren't doing so because there are no homes available for them to live in, so given that our kids aren't generally homeless, clearly they're living with parents, or roommates, or something.
Fannie Mae says, for example, that we are lacking 3.8 million homes for people to live in[0]. That's a serious undersupply! Build more houses! The NYTimes is on the case, too[1].
Conversion of homes into rental units is definitely a big part of the problem, but there are numbers on that, too. Turns out there are more vacant homes than Fannie Mae said the undersupply is, 17 million by one reckoning[2]! Not all of those are vacant due to landlords being involved, but a lot are.
0. https://www.fanniemae.com/research-and-insights/perspectives/us-housing-shortage https://www.fanniemae.com/research-and-insights/perspectives...
1. https://www.nytimes.com/2021/02/26/upshot/where-have-all-the-houses-gone.html https://www.nytimes.com/2021/02/26/upshot/where-have-all-the...
2. https://ggwash.org/view/73234/vacant-houses-wont-solve-our-housing-crisis https://ggwash.org/view/73234/vacant-houses-wont-solve-our-h...