SAN JOSE HAS LOWEST HOUSING VACANCY RATES IN THE US

The San Jose area has 650,700 housing units, and only 28,100 of them are empty. That gives San Jose a vacancy rate of just 4.3%, the lowest in the country by a significant margin. The next lowest is Lancaster Pennsylvania at 5.6%. Surprisingly San Francisco is at 7.12% and New York is at 9.92%. I suppose that means it’s time to start breaking ground on some more residential units–preferably in dense urban parts of San Jose.


Source: SVBJ
File:Downtown san jose.jpg

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s