this post was submitted on 31 Jul 2024
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California

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[–] [email protected] 3 points 2 months ago* (last edited 2 months ago) (1 children)

Take a quick look at full time occupancy rates in any major city and you'll find that there's more than enough housing to go around. We need serious legislation limiting the rates of non-primary residence ownership. No seconds until everyone has a chance at home ownership.

[–] [email protected] 2 points 2 months ago

They're at 95%+ in Los Angeles. That 5% largely represents units undergoing rennovation, cleaning & repairs between tenants, and the likes. You're not going to get the truly huge difference you want by going after them.