> The expectation going forward is that something like 80 percent of new households that will form over the next 15 years will be these one to two person househ

> The expectation going forward is that something like 80 percent of new households that will form over the next 15 years will be these one to two person households. A lot of them would prefer an apartment or a condo—smaller units. I don’t get their conclusion, because I think there are many other benefits to home ownership outside of size typically being bigger than an apartment or condo. Having outdoor space, no HOA that can impose restrictions, added privacy, etc...