Read an excellent paper about the destructive impacts of this in Vancouver's housing mkt http://www.tandfonline.com/doi/abs/10.1080/14616718.2015.1119776?journalCode=reuj20#.VoLommSrT-Y …https://twitter.com/WSJ/status/681808297159176192 …
@MarketUrbanism I'm a fan of it being used to spur new development, but not parking it in vacant existing units.
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@kimmaicutler There isn't a ton of evidence that that's happening on a large scale. -
@MarketUrbanism in Vancouver, there is. Still early days for the US, also there is no effective way of tracking it. - 4 more replies
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@kimmaicutler In certain markets (west side single-fam houses, maybe some downtown condo bldgs) for a temporary period, perhaps.Thanks. Twitter will use this to make your timeline better. UndoUndo
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