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Great, if only 9% of vacant homes are what a normal person would think of as a vacant home, we can still give every homeless person 2 homes each! The issue has
by notaustinpowers 2y ago
Great, if only 9% of vacant homes are what a normal person would think of as a vacant home, we can still give every homeless person 2 homes each!
The issue has never been housing inventory in an effort to making housing more affordable. If the past 4 years have shown us anything it's that even with skyrocketing interest rates and new construction matching pre-2007 levels, homes are still 40% more expensive than they were in 2020.
- jeffbee 2y agoConstruction hasn't returned to pre-2007 levels. That right there seems to be the nut of your misunderstanding. https://fred.stlouisfed.org/graph/?g=1pDWf https://fred.stlouisfed.org/graph/?g=1pDWf