Tim Knowles
Dec 7, 2024

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I read the story you linked. I am not convinced that we are really that short on housing. If we added those millions of units to the supply, I expect many of them would remain vacant. Sure, this would drive down prices. "In 2022, the United States had around 15.1 million vacant homes, which made up 10.5% of the country's total housing inventory. However, some estimates suggest that there are more than 16 million vacant homes in the US."

https://www.google.com/search?q=how+many+vacant+unsold+homes+in+the+us&sca_esv=66befe2e3ef6795c&source=hp&ei=NN1UZ5KGBefO0PEPme66kQ8&iflsig=AL9hbdgAAAAAZ1TrRMEzg1nivcAmQ9AZIvFAMB-assQu&ved=0ahUKEwiS8K_i6paKAxVnJzQIHRm3LvIQ4dUDCBE&uact=5&oq=how+many+vacant+unsold+homes+in+the+us&gs_lp=Egdnd3Mtd2l6IiZob3cgbWFueSB2YWNhbnQgdW5zb2xkIGhvbWVzIGluIHRoZSB1czIFECEYoAEyBRAhGKABMgUQIRigATIFECEYoAEyBRAhGKsCMgUQIRirAkiXgAFQsQdY7XpwBXgAkAEAmAGtAaAB6iSqAQQ5LjMxuAEDyAEA-AEBmAItoALgJqgCCsICChAAGAMY6gIYjwHCAgoQLhgDGOoCGI8BwgIREC4YgAQYsQMY0QMYgwEYxwHCAgUQABiABMICDhAuGIAEGLEDGNEDGMcBwgIIEAAYgAQYsQPCAgsQABiABBixAxiDAcICDhAAGIAEGLEDGIMBGIoFwgIREC4YgAQYsQMYgwEY1AIYigXCAhQQLhiABBjHARiYBRieBRiOBRivAcICDhAuGIAEGLEDGIMBGNQCwgILEC4YgAQYsQMYgwHCAggQLhiABBixA8ICCxAuGIAEGMcBGK8BwgIHEAAYgAQYCsICChAuGIAEGNQCGArCAg0QLhiABBjRAxjHARgKwgIGEAAYFhgewgIHEAAYgAQYDcICBhAAGA0YHsICCBAAGAgYDRgewgILEAAYgAQYhgMYigXCAgUQIRifBcICBRAhGJIDmAMK8QU7e1NuCqAj1pIHBDkuMzagB-SsAg&sclient=gws-wiz

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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