, 5 tweets, 3 min read Read on Twitter
We have got to start speaking honestly about the “housing” crisis. What we are really dealing with is a gentrification and displacement crisis; an inequality crisis; a greed crisis. Cities like NYC and SF have plenty of housing stock. It’s just owned by a small group. Kept empty.
In NYC, 250k apartments sit empty—78k are seasonally or temporarily occupied. It’s hard to get an exact number of homeless individuals, but over the course 2018, 133k individuals slept in the city’s municipal shelter system.

Housing stock isn’t the problem here.
In San Francisco, there are an estimated 100k empty homes and roughly 7.5k homeless individuals.
Portland, Oregon is another example of this trend. Roughly 16-17k empty homes, and about 4k homeless individuals in Multnomah County, where the city sits.
Seattle, Washington, has been undergoing a housing boom but still has high vacancy rates and homelessness.
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