America's big cities are increasingly home to people living in their cars

[Wanderfound]

@bferrell

That’s fine for NYC, but it doesn’t hold true for California…

There are regional differences, yes.

@bferrell

And if you actually READ the article you quoted, you’ll see a significant number of those units have been off the market for a very long time as VERY high end units or in the process of becoming occupied…

AKA:

@Wanderfound

It’s being kept vacant and used for tax write offs, investment scams and money laundering.

…which relates to the broader point. The problem is not that construction is being halted by demands for affordable housing, it’s that the only housing being built is unaffordable.