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completely untrue factoid that constantly gets repeated for some reason, there are 3 vacant units per homeless in Los Angeles for example https://gigafact.org/fact-briefs/are-there-more-vacant-homes...

the ratio is about the same in New York City proper, and if you include the entire country, the ratio skyrockets to >27 vacant units per homeless person https://www.self.inc/info/empty-homes/

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If the ratio is 3:1 in major cities, and 27:1 nationally, wouldn't that logically mean that most of them are not in major cities, per-capita (and perhaps absolutely too, I don't know)? Of course that doesn't necessarily mean they are in areas of "declining population and scarce opportunity", but your premise appears to be that a majority of vacancies in cities would be a counter-example.

So the LA Metro has 8% of the population of the US and 2% of the vacation homes?

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