To expand on that: the home building rate kept pace with population growth up until the housing crash, and then collapsed. I'm not sure how much of a lag time t

To expand on that: the home building rate kept pace with population growth up until the housing crash, and then collapsed. I'm not sure how much of a lag time there is between population growth and the demand for more housing, but eventually all the kids born in the last 20 years will need to live somewhere. https://www.statista.com/statistics/1041889/construction-year-homes-usa/ https://www.statista.com/statistics/1041889/construction-yea...