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jefftk
6y ago
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I found total construction numbers: ~25k new units in 2017, depending on how you count (
https://www1.nyc.gov/assets/rentguidelinesboard/pdf/18HSR.pd...
)
That's only about 0.3% housing growth.
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jefftk
OP
6y ago
Sorry, I used 8M people as the denominator for growth instead of 3.5M units, so it's more like 0.7%
jefftk
OP
6y ago
Expanded this into a post:
https://www.jefftk.com/p/is-nyc-building-much-housing
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