There are 16,000,000 empty homes and 500,000 homeless. Office buildings aren’t going to be solving any real problem other than the people who own the building being shit out of luck
More supply is more supply. It’ll probably drive rent down a bit, assuming the plan works. This makes little difference to unemployed homeless people and does nothing to address the fact that many wealthy people see homes as a tool to secure their capital, but it’s not nothing. Hopefully it will help some people who are on the brink be a bit more secure in their housing.
The corporate landlords will just buy them up and let them sit empty the way they have done with at least 4 highrises that I can think of off the top of my head in downtown San Diego. Sure they have rented some of them, but the majority of those buildings sit empty.
Please don’t provide this stat without context. It just promotes cynicism and despair. Reality is complex, and our solutions are going to have to be complex.
Many of these vacant homes are nowhere near major homeless populations. But office buildings often are.
There are 16,000,000 empty homes and 500,000 homeless. Office buildings aren’t going to be solving any real problem other than the people who own the building being shit out of luck
More supply is more supply. It’ll probably drive rent down a bit, assuming the plan works. This makes little difference to unemployed homeless people and does nothing to address the fact that many wealthy people see homes as a tool to secure their capital, but it’s not nothing. Hopefully it will help some people who are on the brink be a bit more secure in their housing.
The corporate landlords will just buy them up and let them sit empty the way they have done with at least 4 highrises that I can think of off the top of my head in downtown San Diego. Sure they have rented some of them, but the majority of those buildings sit empty.
No one can afford rent on luxury apartments
Are they were they are needed? Would we need to move people across the county to fill them? Or are they kept mostly empty as a form of storing wealth?
Please don’t provide this stat without context. It just promotes cynicism and despair. Reality is complex, and our solutions are going to have to be complex.
Many of these vacant homes are nowhere near major homeless populations. But office buildings often are.
https://ggwash.org/view/73234/vacant-houses-wont-solve-our-housing-crisis
Edit: If you prefer videos, here’s a good one: https://www.youtube.com/watch?v=3xZXdXxYBGU
Greedy real estate hogs and speculators are criminals imo.