Qasim Rashid, Esq. on Nostr: Experts warn rents will balloon in wake of LA fires. US Census Bureau reports that ...
Experts warn rents will balloon in wake of LA fires.
US Census Bureau reports that USA has ~17M vacant housing units, i.e. 35 vacant units for every homeless person in USA. Meaning—our housing shortage & unaffordable housing crisis is in major part due to private equity firms buying & hoarding hundreds of units.
The loss of countless homes due to disasters like these—in one of the most densely populated regions of the country—further exacerbates an already fragile/broken system.
Unsustainable
US Census Bureau reports that USA has ~17M vacant housing units, i.e. 35 vacant units for every homeless person in USA. Meaning—our housing shortage & unaffordable housing crisis is in major part due to private equity firms buying & hoarding hundreds of units.
The loss of countless homes due to disasters like these—in one of the most densely populated regions of the country—further exacerbates an already fragile/broken system.
Unsustainable