Do you know how many net units were added in CoV between 2011 and 2015?
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Replying to @jakking49 @yimbyaction
About 22,000. Pop growth/new unit numbers are low, if that's where you're going
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Replying to @DannyOleksiuk @yimbyaction
We gained equiv of 13,000 households in that period (27,984 ppl). So clearly supply not the issue.
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Replying to @jakking49 @yimbyaction
Vacancy rate is 0.6% for rentals. If we had too much housing that would change.
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Declining hh size (empty nesters), smaller new units, 3k more unoccupied units effect that ratio
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Replying to @DannyOleksiuk @yimbyaction1 reply 0 retweets 0 likes
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Replying to @jakking49 @yimbyaction
It would surprising if new units had same hh size. Many existing large sfh. New units smaller hh's, obvs
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Replying to @DannyOleksiuk @yimbyaction
Household size has barely changed in 10 yrs according to census figures (still in the low 2.x)
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Replying to @jakking49 @yimbyaction
New hh's /= average hh's esp. since new units smaller on average
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Replying to @DannyOleksiuk @jakking49
By financialization, do you mean treating housing as an investment rather than as a home?
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Because we totally agree that is a problem!
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Replying to @yimbyaction
agreeing but still promoting propaganda about why housing is so expensive.
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Replying to @two__evils @yimbyaction
the housing market is a market for investment. the idea that there is a "shortage" is of minimal importance if that's the case.
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End of conversation
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