from Hacker News

LA Has More Vacant Homes Than Homeless People

by joshlittle on 11/22/19, 7:50 PM with 4 comments

• by epistasis on 11/24/19, 9:23 PM

  For the moment this report has been taken off the internet as they correct some of their vacancy figures:

  > "It has come to our attention that there is more recent data to draw on the 10 luxury buildings we sampled in LA," Delgado wrote. "We will be coming out with an updated report, so we have taken down the last version of the report until that (sic) then."

• by Bostonian on 11/22/19, 7:54 PM

  "Tenants' rights laws" that make it difficult for landlords to evict non-paying or destructive tenants are one cause of vacant homes, as are rent control laws that prevent landlords from raising rents to market levels.

• by pmdulaney on 11/22/19, 8:23 PM

  And what if I said that Rolex has more chronometers in stock than there are homeless people in LA. Would that be any more of a moot point?