News for hackers. Stuff that matters.

A comment on New York City population declined by 5.3% since 2020. Parent comment

Re:New York City population declined by 5.3% since 2020 by chrisco255 on Tuesday December 19, 2023 @01:11PM (#38699225)
> Fewer people living in one unit is how you get a shrinking population while the housing supply remains static.

No, that's not how normal distributions work. Among the 5.3%, some significant portion of those left empty housing units in their wake. They weren't all 3rd roommates that left.

[ Parent | on HN ]
Re:New York City population declined by 5.3% since 2020 by CydeWeys on Tuesday December 19, 2023 @01:37PM (#38699640)
The vacancy rate in NYC is really low right now. Those units aren't "left empty", they're quickly re-rented back out. It's just that the new tenants on average have fewer people living per unit than the old tenants.
[ Parent | on HN ]