>house prices are high because the demand is simply outpacing supply Any more than in the past? https://www.statista.com/statistics/183648/average-size-of-hou

>house prices are high because the demand is simply outpacing supply Any more than in the past? https://www.statista.com/statistics/183648/average-size-of-households-in-the-us/ https://www.statista.com/statistics/183648/average-size-of-h... Average people per residence has gone down over the last decade from 2.58 to 2.51 - so I'm not sure where you draw this conclusion. That graph is primarily why I believe there's speculation mania and other things going on.