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I can’t think of anywhere off the top of my head that housing could be considered in surplus in the US. Can you? The fact is housing now consumes a much higher

by atyppo 3y ago

I can’t think of anywhere off the top of my head that housing could be considered in surplus in the US. Can you? The fact is housing now consumes a much higher percentage of income than it did for earlier generations. Either wages need to catch up or housing prices need to drop.

Per_Bothner 3y ago
There are many places in the US where housing is a surplus. The obvious example is Detroit (as well as other "rust-belt" cities), where many functional houses have been demolished because there is no demand. Many rural areas are also losing population.
karaterobot 3y ago
> I can’t think of anywhere off the top of my head that housing could be considered in surplus in the US. Can you? In general, there's a housing shortage, but there are many places with a surplus. They are marked in purple/blue on the map in this article. https://archive.is/CMblx https://archive.is/CMblx