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fvrghl | 10 months ago

Source? NYC chronically under builds. It's ranked #35 in new housing construction: https://constructioncoverage.com/research/cities-investing-m...

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filoleg|10 months ago

That link you shared is counting the number of units build per 1k existing units.

Given how dense and populated NYC is (aka how many existing units there are), this metric isn't as meaningful. I believe the grandparent comment was talking about the raw number of units.

Actually, go to the bottom of the page you shared and look at the section titled "Full results", then sort by "Total new housing units authorized". Sadly, you will need to do some quick manual work to parse the results, because it sorts numbers as strings rather than as actual numbers. But you can clearly see from there that NYC is #1 in terms of raw numbers of new housing units. And that's data from 2021, and afaik NYC only increased those numbers significantly in the past 4 years.

mrDmrTmrJ|10 months ago

"# of new homes / # of people"

Is the only way to access if new home construction will affect prices. NYC is chronically underbidding.

asdff|10 months ago

Raw numbers are meaningless when the rate of home building relative to job growth is what defines prices.

aegypti|10 months ago

Here’s data from 2021-2025 using https://socds.huduser.gov/permits/index.html

New York-Newark-Jersey City, NY-NJ-PA

~21 million people

2021: 59,383 total units

2022: 60,602

2023: 41,674

2024: 61,159

2025: 6,777

Houston-The Woodlands-Sugar Land, TX

~7.5 million people

2021: 69,007 total units

2022: 75,786

2023: 68,336

2024: 65,296

2025: 11,057

Dallas-Fort Worth-Arlington, TX

~8 million people

2021: 74,617 total units

2022: 77,501

2023: 66,725

2024: 72,319

2025: 9,836

Using Houston alone, NYC is not #1 in raw numbers and in 2025 so far is only permitting 60% as many units as a CBSA 3x smaller than it.

I don’t know if HOU/DFW are the CBSAs pumping out the most units nationally though, they just came to mind.