Again, there’s no hoarding.
The article you linked is misleading. Houses are vacant for various reasons. Some are temporarily vacant:
- some are undergoing renovations
- some are between tenants
- some are for sale
Some are more permanently vacant because they’re in such a state of disrepair that they can’t be lived in.
Rental property owners rent out properties, which keeps people housed and off the streets. However there’s been a lack of housing development over the past decade in the United States which leads to a housing shortage.
Some are more permanently vacant because they’re in such a state of disrepair that they can’t be lived in.
Gee, I wonder who’s responsibility it was to make sure that didn’t happen. ¯\(ツ)/¯
The homeowners who let their house rot because they couldn’t afford to fix it or they just didn’t care? There’s been so many foreclosures that were blights on the neighborhood until investors bought them, fixed them up, and rented them to families who wanted a nice place to live.
