emblem-man posted...
https://youtu.be/3xZXdXxYBGU?si=-knmjWKmwEuFdpCx
No there isn't. Those vacancy rates are highly misunderstood. If someone just moved out of an apartment and new tenants haven't moved in yet, it counts that as a vacancy for example.
And for the percentage that actually are vacant and actually livable, are those homes where people want to live? Are they by jobs? Are they by public transportation. We have a housing supply issue and we need to take drastic measures to build more housing. Anyone who says they can fix the homeless issue without an increase in the housing supply is outright lying.
Baltimore is literally selling abandoned homes for $1.
There's millions of empty homes. Something like 10% of the market.