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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: TobagoJack who wrote (70017)12/27/2010 10:36:49 PM
From: 8bits  Read Replies (1) of 217714
 
Thanks for your feedback.. yeah I had seen the number 64 million tossed around a few times and thought it was suspect... in theory the US has a apartment vacancy rate of 8% but rents are dropping markedly mostly only in ground zero markets.. (Las Vegas, parts of Florida, Phoenix..)

As CalculatedRisk pointed out numbers for housing can be deceiving:
""Twenty million vacant homes" is a bogus number. It comes from the HVS and includes all kinds of things like mobile homes used as hunting spots in the summer. ROFLOL.
census.gov;

Message 27038347

Supposedly there are some empty or almost empty Chinese cities:
businessinsider.com

But there are few dismal and abandoned places in the US:
forgottendetroit.com
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