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Steve , (edited )

There are roughly 28 vacant homes, for every person without one.

It’s not so much a supply issue, as a miss-allocation by the market. Housing is too expensive relative to median incomes. Back in the '70s housing averaged 3x the median income. Now it’s nearly 8x.

Stagnant incomes for 50 years, is the primary cause. It’s made worse by bad housing policy designed by NIMBYs to ensure prices rise, and corporate mass buying of homes to rent for profit, and people buying additional homes for short term AirB&B rentals. And, and, and.

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