5 ms·
> According to NAHB estimates, the total count of second homes was 7.5 million https://eyeonhousing.org/2020/10/nations-stock-of-second-homes-2/ https://eyeonh
by joe-collins 5y ago
> According to NAHB estimates, the total count of second homes was 7.5 million
https://eyeonhousing.org/2020/10/nations-stock-of-second-homes-2/ https://eyeonhousing.org/2020/10/nations-stock-of-second-hom...
> The United States had an official resident population of 331,449,281 on April 1, 2020, according to the U.S. Census Bureau
https://en.wikipedia.org/wiki/Demography_of_the_United_States https://en.wikipedia.org/wiki/Demography_of_the_United_State...
https://www2.census.gov/programs-surveys/decennial/2020/data/apportionment/apportionment-2020-tableA.pdf https://www2.census.gov/programs-surveys/decennial/2020/data...
I'm not saying 7.5M isn't a market that might be worth chasing, but at the same time, I would hardly call 2% of the population "extremely high".
- fastaguy88 5y agoI’m guessing most of those summer cabins host at least two people. So maybe 5%.
- joe-collins 5y agoThe numbers are 14 years older, but this report offers a more specific breakdown of the type of second home. Only ~40% of second homes are seasonal. https://www.huduser.gov/periodicals/ushmc/spring2004/article_USHMC-04Q1.pdf https://www.huduser.gov/periodicals/ushmc/spring2004/article...
- freeopinion 5y agoNearly 10% of the local ISPs' subscribers are motor home snowbirds. They don't show up in NAHB statistics. Homeowner snowbirds increase that number. Starlink is definitely a matter of attention for local ISPs.