> If that were true, then many units would be empty.
This is literally true. In SF as of 2023, there's roughly 60,000 vacant units. In New York as of 2021, apartments listed as available and unavailable for rent but also vacant was around 89,000.
To contrast, there was around 7,700 unhoused people in SF in 2023.
This is literally true. In SF as of 2023, there's roughly 60,000 vacant units. In New York as of 2021, apartments listed as available and unavailable for rent but also vacant was around 89,000.
To contrast, there was around 7,700 unhoused people in SF in 2023.