Jacob Herbstman
jacobherbstman.bsky.social
Jacob Herbstman
@jacobherbstman.bsky.social
Californian in Chicago | UC Davis Alum | Econ/Stats/Math | Views are my own
Reposted by Jacob Herbstman
1) you're benchmarking against a historical norm, so if the historical norm was a shortage, your estimate will say that the shortage today isn't so bad. you see this in their estimate of the rental housing shortage by county:

No shortage in the Bay Area!
December 25, 2024 at 12:05 AM