Report: There are 27.4 Empty Homes for Each Homeless Person in the U.S
medium.com
Look, let’s start with the absurd math. The U.S. Census Bureau says we’ve got about 17 million vacant houses sitting empty while roughly…
  • jj4211@lemmy.worldEnglish
    3·
    4 hours ago

    I think much more money is tied up in funds that indirectly own the houses. Common folk likely have some of their 401k tied up, knowingly or unknowingly.

    Housing prices shouldn’t matter, except you can borrow against the valuation, making the hypothetical cost real. Also real estate taxes and insurance.