[stevenicr]

My first read of this document leads me to believe that there are only about 341,000 housing units available for rent, there are some for sale at an average price of $373,000.. but many or most of the empty housing units are like second homes and such and not 'available'.

So we have 350k open units and 700k people without homes, average rent is around $1500..

just looking at the data my guess is that we have about 700k people who don't have an extra 2 grand every month to put into housing. (and I think it's way higher personally, maybe not counting the couch surfing relatives who can't afford their own place, and others who are living in over crowded situations of basements )-

I'm sure there is much more to it than the averages, like a lot of the homeless are in areas where the average rent is much higher and 1500 - and the few places where rent is $800 likely has less homeless, (and also has less other things like jobs and public transit) -

and really if it is 10 million or a quarter a million empty places, I don't see how that matters if no one can afford any of them.

[segasaturn]

Those houses sitting empty with no-one in them is exactly why the price of rent is so high. The supply is there but it's being hoarded by 1% of the population. Write laws that would force people to rent out their secondary houses, condos and apartments (with the threat of having it seized if they don't) and watch the prices immediately start to fall.

[carlosjobim]

It's not 1% of the population hoarding the empty houses. It's your elderly relatives.