mudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 8 days agoThey can't answer thisfiles.catbox.moeimagemessage-square329linkfedilinkarrow-up1861arrow-down125
arrow-up1836arrow-down1imageThey can't answer thisfiles.catbox.moemudkip@lemdro.id to Political Memes@lemmy.worldEnglish · 8 days agomessage-square329linkfedilink
minus-squareYeather@lemmy.calinkfedilinkarrow-up1·7 days agoIn an ideal world it should. But in reality the demand can rapidly outpace the growth. https://storymaps.arcgis.com/stories/1c9138dc24064b2e8142ff156345a719 New York added 33,000 homes in 2024 and gave permits for 15,000 new ones but you still see extremely low vacancy rates and high demand outpacing these constructions. https://comptroller.nyc.gov/reports/spotlight-new-york-citys-housing-supply-challenge/
minus-squarebrianary@lemmy.ziplinkfedilinkarrow-up1·7 days agoWell that’s fair enough for the larger point, at least within NY. I guess I was mostly reacting to the notion of “fixed”, mathematically speaking.
In an ideal world it should. But in reality the demand can rapidly outpace the growth.
https://storymaps.arcgis.com/stories/1c9138dc24064b2e8142ff156345a719
New York added 33,000 homes in 2024 and gave permits for 15,000 new ones but you still see extremely low vacancy rates and high demand outpacing these constructions.
https://comptroller.nyc.gov/reports/spotlight-new-york-citys-housing-supply-challenge/
Well that’s fair enough for the larger point, at least within NY. I guess I was mostly reacting to the notion of “fixed”, mathematically speaking.