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> With nearly 500 to 600 people arriving in the city each day in some recent weeks, officials have been increasingly desperate to find suitable shelters. Unles
by polski-g 3y ago
> With nearly 500 to 600 people arriving in the city each day in some recent weeks, officials have been increasingly desperate to find suitable shelters.
Unless they're building 500 new housing units per day in NYC, this is going to have highly, highly inflationary effects on housing costs in the long-term. Great if you're already a landlord; terrible if otherwise.
- droopyEyelids 3y agoAs of 2020, there were approximately 3.57 million housing units in New York City. So this is a change of approximately 1.3 basis points a day