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Yes, lack of new constructions is the main problem. For example, housing vacancy rates are near historic lows [1]. The existence of Airbnb and other short-term
by epups 3y ago
Yes, lack of new constructions is the main problem. For example, housing vacancy rates are near historic lows [1]. The existence of Airbnb and other short-term rentals should increase the demand for housing, which in turn should lead to new construction. The fact this is not happening is the problem,, and we should look into why.
[1] https://www.census.gov/library/stories/2022/05/housing-vacancy-rates-near-historic-lows.html https://www.census.gov/library/stories/2022/05/housing-vacan...
- gre 3y agoPeople are renting/living in groups or with parents, are unemployed or underemployed, and can't live in the areas where they would want to live. Building more houses is not simply the answer since they are unaffordable to the people who need them. The problem is the for-profit housing industry. Skyrocketing Rents & Skyrocketing Homelessness: Why Are US Homes for Profit Not for Living In? https://podcasts.apple.com/us/podcast/skyrocketing-rents-skyrocketing-homelessness-why-are/id1539214532?i=1000624640579 https://podcasts.apple.com/us/podcast/skyrocketing-rents-sky...
- WarOnPrivacy 3y ago>People are renting/living in groups or with parents, are unemployed or underemployed, and can't live in the areas where they would want to live. This is true. I live with my 5 adult sons because the alternative is homelessness for all of us. > Building more houses is not simply the answer Not the answer because there is no the answer. It is one critical part of the way out tho. > since they are unaffordable to the people who need them. Also true. While unaffordable housing dominates new builds, we are extending the growing homelessness crisis out another generation or so.