Yeah, pretty much.  And then people bandy about these numbers as if they were gospel truth.  Which is annoying.



SimpleStacker

That's fair, and I don't generally mind colloquial terms either.

I just wanted to know how I'm supposed to interpret the statement. Seems like it boils down to "3.7 million fewer homes than some bureaucrat thinks there should be."

econ

Questioning the Shortage Narrative: How Small Assumptions ReW the Housing Story

0xbitcoiner

That's fair, and I don't generally mind colloquial terms either. 

I just wanted to know how I'm supposed to interpret the statement. Seems like it boils down to "3.7 million fewer homes than some bureaucrat thinks there should be."