Vacant Houses
Via Felix Salmon, Paul Kedrosky has a terrifying housing chart, showing the number of vacant U.S. houses. The stock of empty U.S. homes is now bigger than the
Jul 31, 202044.5K Shares1.3M Views
Via Felix Salmon, Paul Kedrosky has a terrifying housing chart, showing the number of vacant U.S. houses. The stock of empty U.S. homes is now bigger than the entire Canadian housing stock.
This goes to show the danger of the housing stock over-build during the property bubble. With so many empty homes, it is far easier for housing prices to fall.
Paula M. Graham
Reviewer
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