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I was a bit confused reading "Nobody Home" (July 14). In the first paragraph, Kevin A. Hassett writes, "There are currently 129 million homes in the United States, and 18.5 million are empty." That would mean that about 14 percent of all homes in the U.S. are empty.
But the article includes a graph called "Homeowner Vacancy Rate," on which about 2 percent of homes built before 2000 are shown to be vacant, along with about 10 percent of newer homes. Mathematically, then, the total vacancy must rest somewhere between 2 and 10 percent, not at 14 percent.
On their face, the numbers don't seem to add up. Or is there a difference between the percentage of homes empty and the ...
Source: HighBeam Research, Dismal arithmetic.(letters to the editor)(Letter to the editor)