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by socialismisok
1305 days ago
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Abandoned homes aren't the same as vacant homes. Most cities have low double digit vacancy rates. Whatever city you live in, odds are good there are units sitting vacant while people are homeless. https://anytimeestimate.com/research/most-vacant-cities-2022.... Edit: even in supply constrained cities like Seattle, there are ~10 vacant units for ever homeless person. |
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100% true and while I appreciate your perspicacity, this will not resolve the issue.
Seattle has a vacancy rate of 3.6% according to your cited source. Cities need a supply of vacant homes, lest we all become New York (vacancy rate 1.4%): https://www.bloomberg.com/news/features/2022-02-18/looking-t...
As I mentioned elsewhere in this thread, the only way out of this is to build more homes.