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Is there really a housing shortage? Consider this.
Posted on 1/28/26 at 7:31 pm
Posted on 1/28/26 at 7:31 pm
From Google AI.......
From Google AI....
From Google AI.........
When you tally all of the homes and condos that are used for short term rentals, owned by institutional investors and homes owned by illegal immigrants it easily totals over 3 million homes and condos.
These^^^ homes are not available to home buyers and because these homes are taken away from the real estate market and it inflates the cost of homes that are available. Imagine adding 1-2 million homes on the market in addition to the nearly 1 million that are built every year, I bet home prices would drop 10-15% with an additional 2 million homes in the market. You would likely see a substantial drop in rental costs if 2 million home were added to the market.
How many homes would be available if every illegal alien were removed from the US? 250k? 500k? 1,000,000?
Yeah, I don't think there is truly a housing shortage, I think it's more of a misallocation of housing for US citizens.
quote:
AI Overview
As of 2023, there are approximately 2.4 million total short-term rental (STR) listings in the United States, according to AirDNA data reported by Congress.gov. However, the number of active, unique properties available at any given time is lower, averaging around 1.5 million to 1.8 million, notes Congress.gov and StayFi. These properties represent roughly 1.6% of the total U.S. housing stock.
From Google AI....
quote:
Institutional investors own a small percentage of total U.S. homes nationally, generally estimated at 2-4% of single-family rentals, though their presence is much higher (10-27%) in specific Sun Belt markets like Atlanta, Dallas, Phoenix, and Charlotte, with numbers varying slightly by report and definition. While they own a fraction of all single-family homes, they control a larger share of the rental market in these concentrated areas, often purchasing foreclosed properties and building new rentals.
From Google AI.........
quote:
While data on this specific, often hidden, population is difficult to pinpoint, estimates suggest that around 3 million undocumented individuals live in homes they own, representing nearly 30% of that population, according to research from the Center for Migration Studies of New York. A record 7.5 million U.S. households contained unauthorized immigrants in 2023, though this includes renters.
When you tally all of the homes and condos that are used for short term rentals, owned by institutional investors and homes owned by illegal immigrants it easily totals over 3 million homes and condos.
These^^^ homes are not available to home buyers and because these homes are taken away from the real estate market and it inflates the cost of homes that are available. Imagine adding 1-2 million homes on the market in addition to the nearly 1 million that are built every year, I bet home prices would drop 10-15% with an additional 2 million homes in the market. You would likely see a substantial drop in rental costs if 2 million home were added to the market.
How many homes would be available if every illegal alien were removed from the US? 250k? 500k? 1,000,000?
Yeah, I don't think there is truly a housing shortage, I think it's more of a misallocation of housing for US citizens.
This post was edited on 1/28/26 at 7:33 pm
4
Posted on 1/28/26 at 7:41 pm to Bass Tiger
And every one of them will have to be rehabbed because they pile 4-5 families into every house. They are not clean and they tear up everything they touch. I go into these houses all the time, the majority are in bad shape.
Not to mention, they all smell like Fabuloso and that crap is nasty!
Not to mention, they all smell like Fabuloso and that crap is nasty!
Posted on 1/28/26 at 7:45 pm to Tim
Posted on 1/28/26 at 7:46 pm to Tim
quote:
And every one of them will have to be rehabbed because they pile 4-5 families into every house.
Okay, but afterwards, they would go on the market - no?
quote:
they all smell like Fabuloso
This post was edited on 1/28/26 at 7:48 pm
Posted on 1/28/26 at 7:46 pm to Bass Tiger
I get the kicking illegals out but I don’t like the gov telling citizens who own property how they must use it or can’t use except extreme situation like a drug manufacturing house or something. If people want to rent their property that’s their prerogative.
Posted on 1/28/26 at 7:51 pm to TigernMS12
quote:
I get the kicking illegals out but I don’t like the gov telling citizens who own property how they must use it or can’t use except extreme situation like a drug manufacturing house or something. If people want to rent their property that’s their prerogative.
Agreed, but that’s not what this is about. It’s about corporations buying single family properties as investments and turning it them into short term rentals.
Buy a hotel. Don’t buy a home that an American could use to raise a family.
Posted on 1/28/26 at 7:55 pm to Jax Teller
quote:
short term rentals.
These shouldn't be so popular. They thrive in areas where hotels are either very difficult or impossible to construct because of local zoning laws.
Posted on 1/28/26 at 8:00 pm to Bass Tiger
Including vacation homes, about 15 million homes are vacant. Not including vacation homes or houses on the market, there are about 1.5 million vacant homes.
But regardless of that, and of your post, there is no housing shortage.
It’s all a talking point, like the gender wage gap and cultural appropriation.
But regardless of that, and of your post, there is no housing shortage.
It’s all a talking point, like the gender wage gap and cultural appropriation.
Posted on 1/28/26 at 8:02 pm to Bjorn Cyborg
how can there be a housing shortage and thousands of houses are for sale?
Posted on 1/28/26 at 8:06 pm to Bass Tiger
Just stop the section 8 program.
It's not Constitutional at all.
Section 8 is over 2 million housing units.
It's not Constitutional at all.
Section 8 is over 2 million housing units.
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