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by scurvy 2376 days ago
If it's supply, why are there high numbers of homeless in lower cost areas like Sacramento that have lots of supply?
1 comments
seriesf 2376 days ago
The last available vacancy rate in Sacramento was 2.9%, the lowest ever reported. They don’t have “lots of supply”.
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scurvy 2376 days ago
They do for sale. Sacramento hasn't been a big renter's market.
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seriesf 2376 days ago
Sacramento is majority-renter according to the Census, and is the fifth most competitive (ie worst, from buyer’s perspective) housing market in America according to Redfin. I can’t imagine why you think there is “plenty” here.
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