It’s not because we have yearly growth, and housing needs elasticity for people to move in and move out over the years. Plus it’s no where near as wasteful when you consider the AirBNBs that plague metro areas that are vacant greater then 50% of the time. Of course those will also be reclaimed by the New Communist HUD as well.
That’s not what was originally written though. Also, 10% more capacity than is needed sounds very wasteful.
It’s not because we have yearly growth, and housing needs elasticity for people to move in and move out over the years. Plus it’s no where near as wasteful when you consider the AirBNBs that plague metro areas that are vacant greater then 50% of the time. Of course those will also be reclaimed by the New Communist HUD as well.