I had a deficit of $340ish after all my expenses and adding in the rent from next door.

Even if it is in the same hood and you end up with another $75/mo deficit.

Some areas have a large waiting list of applicants and are currently giving out vouchers, and some areas/departments have eaten through their surplus right into a huge budget deficit (my area) and are no longer giving out vouchers.

However, you can make up for those initial deficits in other areas.

Not by starting off with a huge deficit and hope to grow out of it.

Every time there is a deficit or money issue in the city, they raise taxes on the few remaining contributing citizens.

Your mortgage payment is $1,375 per month, which would be a $425 monthly deficit even if both sides are rented out.

We will likely see rising interest rates with a further expansion of the deficit.

They don't need to be at 700k, but they need to be in the 600s so fam can walk away with something, or get something else to make up for the deficit.

Approximately 4.3 million new apartments will be necessary by 2035 to meet rising demand, according to new research from the National Multifamily Housing Council and National Apartment Association.The new builds are necessary to address a deficit of 600,000 apartment homes that exist in large part thanks to the 2008 financial crisis, the research found.