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The chart ends at 2012, not 2011. And you just proved that it continued to drop, albeit at a slower rate. And the percentage was lower than it has been going back to 2005. Which was in the middle of the biggest housing boom in our lifetime.greenblood said:
It went from 2.2 to 1.9 to 2.1 to 1.8 and now up to 1.9. A .3 percentage rate drop is pretty level over a three period, especially compared to the .4 percentage rate drop in year 2011 alone, which your graph conveniently ends at. By ending at 2011, you mislead the board by not showing the full picture.2001400ex said:
Going from 2.2 to 1.9 us a plateau? Especially when the rate was last 1.9 was in 2005.greenblood said:
Table 1. Rental and Homeowner Vacancy Rates for the United States: 1965 to 20152001400ex said:Holy shit the shit posting intensified. This only goes until 2012 but you can see the trend. I'm too fucking lazy to dig for 2015.
(in percent)
Rental Vacancy Rates Homeowner Vacancy Rates
First Quarter Second Quarter Third Quarter Fourth Quarter First Quarter Second Quarter Third Quarter Fourth Quarter
Year
2015...…………..…….7.1 1.9
2014...…………..…….8.3 7.5 7.4 7.0 2.0 1.9 1.8 1.9
2013...…………..…….8.6 8.2 8.3 8.2 2.1 1.9 1.9 2.1
2012...…………..…….8.8 8.6 8.6 8.7 2.2 2.1 1.9 1.9
2011…………………...9.7 9.2 9.8 9.4 2.6 2.5 2.4 2.3
2010…………………. .10.6 10.6 10.3 9.4 2.6 2.5 2.5 2.7
2009…………………. 10.1 10.6 11.1 10.7 2.7 2.5 2.6 2.7
2008…………………. 10.1 10.0 9.9 10.1 2.9 2.8 2.8 2.9
2007…………………. 10.1 9.5 9.8 9.6 2.8 2.6 2.7 2.8
2006…….…………… 9.5 9.6 9.9 9.8 2.1 2.2 2.5 2.7
2005…………………. 10.1 9.8 9.9 9.6 1.8 1.8 1.9 2.0
2004…………………. 10.4 10.2 10.1 10.0 1.7 1.7 1.7 1.8
2003.………....……… 9.4 9.6 9.9 10.2 1.7 1.7 1.9 1.8
2002\r1…………..… 9.1 8.4 9.0 9.3 1.7 1.7 1.7 1.7
2002......……...………9.1 8.5 9.1 9.4 1.7 1.7 1.7 1.7
2001......………….…..8.2 8.3 8.4 8.8 1.5 1.8 1.9 1.8
2000......………….…..7.9 8.0 8.2 7.8 1.6 1.5 1.6 1.6
1999........…………….8.2 8.1 8.2 7.9 1.8 1.6 1.6 1.6
1998...........…………..7.7 8.0 8.2 7.8 1.7 1.7 1.7 1.8
1997...........…………..7.5 7.9 7.9 7.7 1.7 1.6 1.5 1.7
1996...........…………..7.9 7.8 8.0 7.7 1.6 1.5 1.7 1.7
1995.......………..........7.4 7.7 7.7 7.7 1.5 1.6 1.5 1.6
1994.....….……….......7.5 7.4 7.2 7.4 1.4 1.4 1.4 1.6
1993\r2.........………...7.8 7.6 7.0 6.9 1.4 1.4 1.4 1.4
1993.......…………......7.9 7.6 7.1 6.9 1.4 1.4 1.4 1.4
1992.......…………......7.4 7.7 7.3 7.1 1.5 1.6 1.6 1.5
1991.......…………......7.5 7.3 7.6 7.3 1.7 1.8 1.8 1.6
1990.......…………......7.5 7.0 7.2 7.2 1.7 1.7 1.7 1.7
1989\r3.....…………....7.5 7.4 7.6 7.1 1.7 1.7 1.9 1.8
1989.....…………........7.3 7.3 7.3 6.8 1.5 1.6 1.8 1.6
1988......………….......8.0 7.7 7.8 7.3 1.6 1.6 1.6 1.6
1987........………….....7.4 7.5 8.1 7.8 1.7 1.7 1.7 1.6
1986......………….......6.9 7.3 7.5 7.7 1.5 1.7 1.6 1.6
1985......………….......6.3 6.2 6.8 6.7 1.8 1.9 1.8 1.6
1984..…………...........5.6 5.5 6.0 6.3 1.6 1.7 1.7 1.7
1983..…………...........5.7 5.5 5.8 5.5 1.4 1.5 1.6 1.6
1982..…………...........5.3 5.1 5.3 5.5 1.4 1.6 1.5 1.6
1981..…………...........5.2 5.0 5.0 5.0 1.3 1.3 1.5 1.4
1980..…………...........5.2 5.6 5.7 5.0 1.3 1.4 1.4 1.4
1979\r4.....…………....5.1 5.5 5.7 5.4 1.1 1.1 1.2 1.3
1979……….…............4.8 5.0 5.2 5.0 1.0 1.1 1.1 1.1
1978...…………..........5.0 5.1 5.0 5.0 1.0 0.9 1.0 1.1
1977..…………...........5.1 5.3 5.4 5.1 1.3 1.3 1.1 1.0
1976.......…………......5.5 5.8 5.7 5.3 1.2 1.2 1.3 1.2
1975...…………..........6.1 6.3 6.2 5.4 1.2 1.2 1.4 1.2
1974...…………..........6.2 6.3 6.2 6.0 1.2 1.1 1.2 1.3
1973...…………..........5.7 5.8 5.8 5.8 1.0 0.9 1.1 1.2
1972...…………..........5.3 5.5 5.8 5.6 1.0 1.0 0.9 1.0
1971...…………..........5.3 5.3 5.6 5.6 1.0 0.9 1.0 1.0
1970.......…………......5.4 5.4 5.3 5.2 1.0 1.0 1.1 1.1
1969.....…………........5.6 5.7 5.5 5.1 1.0 1.0 1.1 1.0
1968..…………...........6.1 6.2 5.9 5.4 1.1 1.1 1.2 1.2
1967..…………...........7.3 6.9 7.0 6.2 1.4 1.3 1.4 1.3
1966..…………...........8.3 7.4 7.4 7.7 1.5 1.5 1.4 1.3
1965..…………...........8.5 8.2 7.8 8.5 1.7 1.5 1.6 1.5
Footnotes:
\r1 Revised based on the 2000 Census.
\r2 Revised based on the 1990 Census.
\r3 Revised to include year-round vacant mobile homes.
\r4 Revised to reflect changes made in 1980. See Source and Accuracy Statement for more information.
This chart from the census goes to first quarter 2015. Left side is rental vacancy by quarter and the right side is homeowner vacancy by quarter, all pertaining to the described year.
As you can see there is a considerable change on rental vacancy. One major cause of this, is the increased purchase of homes as investment properties. When you see a downturn in the housing market, the rich take advantage and purchase houses on the cheap and rent them out, with the intention of selling them as the housing market recovers for a huge profit.
Since the sizable drop in 2012 as your graph ends, the homeowner vacancy platoos. Thus, proving Race's point.
I love how you conveniently post a graph that ends in 2012, when in 30 seconds I find this chart from the same source.
Yes that's exactly what you guys just posted. Or something.
But keep believing in the shadow inventory and the terrible housing market that your news source wants you to think.
BTW, yes in 2009-2012 there was a ton of shadow inventory. My buddy owns a property preservation business in kitsap county, and has connections to pierce and king county through those banks. This business basically maintained the homes while vacant then he sold for the banks through his brokerage when they were ready. He said there is still some shadow inventory, but not market shattering like there was in that time frame. -
you're looking at a graph built on government estimates and using it to argue with a guy telling you what he sees with his own eyes in his own neighborhood.
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Yes quadrant homes are cheap as fuck. You get what you pay for.HuskyJW said:My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
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Yes.sarktastic said:Does this include the number of homes held 'offbooks' by the banks and GSE's?
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I know you're being sarcastic but it's not a quadrant home. And I'm sorry that you bought your house and now and you can't sell because you can't get in what you paid for it. I would lash out at others as well .2001400ex said:
Yes quadrant homes are cheap as fuck. You get what you pay for.HuskyJW said:My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
The two dumb Dyke lesbians that own our rental home here in Salmon Creek paid over $355,000 for this house. They will never make that back....maybe in 10 years....Maybe. The house down the street is almost identical to this one it's on sale for $315,000 that has been on sale for at least two months if not more . They told us they are losing money every month with our rent....they have to be losing close to $500 a month because there's no way our rent even come close to covering that sort of mortgage payment. -
Do you ever tire of living a lie?
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Lol I'd never buy quadrant. Mine was custom built in 2002 and I bought it while foreclosed in August 2009. I did sell my prior home for a little loss in August of 2009 as well, that I built in 2006. That's life.HuskyJW said:
I know you're being sarcastic but it's not a quadrant home. And I'm sorry that you bought your house and now and you can't sell because you can't get in what you paid for it. I would lash out at others as well .2001400ex said:
Yes quadrant homes are cheap as fuck. You get what you pay for.HuskyJW said:My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
The two dumb Dyke lesbians that own our rental home here in Salmon Creek paid over $355,000 for this house. They will never make that back....maybe in 10 years....Maybe. -
And you paid for your trip gambling in Vegas...............2001400ex said:
Lol I'd never buy quadrant. Mine was custom built in 2002 and I bought it while foreclosed in August 2009. I did sell my prior home for a little loss in August of 2009 as well, that I built in 2006. That's life.HuskyJW said:
I know you're being sarcastic but it's not a quadrant home. And I'm sorry that you bought your house and now and you can't sell because you can't get in what you paid for it. I would lash out at others as well .2001400ex said:
Yes quadrant homes are cheap as fuck. You get what you pay for.HuskyJW said:My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
The two dumb Dyke lesbians that own our rental home here in Salmon Creek paid over $355,000 for this house. They will never make that back....maybe in 10 years....Maybe. -
Not the case around here2001400ex said:
That was so 4 years ago. Ask Kim, he'll tell you the shadow inventory is gone.RaceBannon said:There is a shadow inventory of bank owned and foreclosure ready houses that the banks have done a masterful job of playing a shell game with to prop up prices on the ones they let to market.
In the early foreclosure days there was so much inventory that it was both an investor and buyer paradise. The banks want the money.
Government regulation to "help" people keep their homes (for awhile) plays right in to that.
The reduced demand is why new homes became profitable to build again.
Just keep in mine we are in another bubble and they always pop. And its still anemic anyway. You don't need to be a Rush dick sucker to know that if you use percentages compared to the worst of the crash you can pretend things are great.
But seriously, drive around, there aren't really vacant homes and homes are selling quickly. If you can see that, I can't help you. -
I chose to ride out the shadow market by living in a yurt under a bridge.
#wealthcreation#igotthis#ripit -
I don't know about the shadow market from the news
Hope this helps -
Your people are wiseSwaye said:I chose to ride out the shadow market by living in a yurt under a bridge.
#wealthcreation#igotthis#ripit -
No one believes you are old enough to have bought a home. HTH.2001400ex said:
Lol I'd never buy quadrant. Mine was custom built in 2002 and I bought it while foreclosed in August 2009. I did sell my prior home for a little loss in August of 2009 as well, that I built in 2006. That's life.HuskyJW said:
I know you're being sarcastic but it's not a quadrant home. And I'm sorry that you bought your house and now and you can't sell because you can't get in what you paid for it. I would lash out at others as well .2001400ex said:
Yes quadrant homes are cheap as fuck. You get what you pay for.HuskyJW said:My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
The two dumb Dyke lesbians that own our rental home here in Salmon Creek paid over $355,000 for this house. They will never make that back....maybe in 10 years....Maybe. -
HuskyJW said:
My 2200 sq. ft mansion in Orchards will be done on Aug. 18th. Even with 30K in upgrades is still cheaper than buying somebody else's house.
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My garage is 2200 sf
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RaceBannon said:
My
garagebasement is 2200 sf
