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This is a vacuous argument. The vacant homes are largely either temporary (moving out before prepping to sell) or in the wrong places (no jobs). The homeless
by loeg 2y ago
This is a vacuous argument. The vacant homes are largely either temporary (moving out before prepping to sell) or in the wrong places (no jobs). The homeless need more homes where they live and work (or seek work).
- notaustinpowers 2y agoHave you seen the housing market in the past few years? Skyrocketing interest rates and construction levels not seen since before 2007, all which (to any economist who passed ECON 101 would say would lower housing costs) and homes are still 40% more expensive than they were in 2020.
- JumpCrisscross 2y ago> construction levels not seen since before 2007 Now plot post-War housing stock against population. We have more houses than ancient Egypt ergo supply and demand is fake isn’t an argument.
- loeg 2y agoAnd yet, construction still hasn't matched demand. Supply increased and demand increased more.