So the US has about 13 Million vacant homes (with 1/4th the population of India). [1]
China has anywhere from 69 to 85 million vacant homes (approx. same population as India)
EU has about 11 Million vacant homes (with 40% of the population of India). [3]
I would say a lot more fine grained analysis is required to say if this is a problem or not.
[1] http://www.census.gov/housing/hvs/files/qtr113/q113press.pdf
[2] http://www.theguardian.com/society/2014/feb/23/europe-11m-em...
I am not sure I understand this calculation. India's population is more than a billion
So the US has about 13 Million vacant homes (with 1/4th the population of India). [1]
China has anywhere from 69 to 85 million vacant homes (approx. same population as India)
EU has about 11 Million vacant homes (with 40% of the population of India). [3]
I would say a lot more fine grained analysis is required to say if this is a problem or not.
[1] http://www.census.gov/housing/hvs/files/qtr113/q113press.pdf
[2] http://www.theguardian.com/society/2014/feb/23/europe-11m-em...