this post was submitted on 30 Sep 2024
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[โ€“] spirinolas@lemmy.world 6 points 1 month ago (1 children)

The problem is there aren't 150,000 homes for 200,000 people. It's probably the double but 100,000 of those homes are owned by people/companies who'd rather have them empty while the price rises. Basically using them as stocks instead of shelter for actual persons.

[โ€“] LibertyLizard@slrpnk.net 1 points 1 month ago

So you think the vacancy rate in expensive areas is 50%? That is extremely wrong.