Re:LA pays $2600 per homeless tent, per month
by tylerhou on Thursday May 27, 2021 @03:24AM
(#27300323)
Vancouver: "City housing planner Matthew Bourke said there doesn't appear to be a correlation between empty homes and housing prices, given that the vacancy rate remained flat while prices skyrocketed.... Bourke told council that about 70 per cent of single-family homes marked as vacant in 2014 were found to be waiting for a renovation permit." 12.5 * 0.7 = 3.75% (this can't be directly compared to other vacancy numbers, though).
Manhattan: Unsold != unoccupied.
Melbourne: Now we're cherrypicking districts that have less than 15,000 residents total in a city of 5 million in one specific year? This is essentially p-hacking to support a non-existent narrative.
https://en.wikipedia.org/wiki/Cardinia,_Victoria
https://en.wikipedia.org/wiki/Clyde,_Victoria
https://en.wikipedia.org/wiki/Docklands,_Victoria
Boston: "could remain largely empty." This is speculation. Where is the data?
The Manhattan article links to https://www.nytimes.com/2020/01/10/realestate/new-york-decad... which says "Nearly half of new condo units in Manhattan that came to market after 2015... remain unsold, according to a December analysis of both closed sales and contracts" and "7,050 new condo units available for sale in Manhattan in January [2020]"
Melbourne: "Docklands... 17 per cent consuming no water in 2013" and "12.4 per cent of Cardinia and Clyde homes reported no water use."
Boston: "12 of Boston’s newest and biggest luxury developments could remain largely empty despite having sold most of their available condo units to buyers."