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Suppressed household formation is the reason why increasing supply often doesn't look like it's working. There are tens of millions of people who want to move o
by jeffbee 3y ago
Suppressed household formation is the reason why increasing supply often doesn't look like it's working. There are tens of millions of people who want to move out of their current situation into a smaller household.
- onlyrealcuzzo 3y ago~16% of 25-35 year olds life at home with parents. I imagine a much smaller percent prefer that if not for financial reasons.
- geodel 3y agoTrue. I feel it could slowly become cultural norm as independent household becomes out of reach for more and more people.
- Aeolun 3y agoI dunno, I like my parents. I could think of worse ways to live than with them. But to be honest I guess I'd rather have the reverse of my parents living with me. 20 years of 'this is my house and...' is enough :D
- alex_lav 3y agoI own my home and will be selling it at probably-a-loss next year because I have no use for it anymore. It's far larger than I need and I am no longer partnered. I'll be renting a studio or 1br and am very excited. I would love to sell this place to a young family or couple looking for a starter home.
- toast0 3y agoWait wait wait. Building housing is inducing demand for housing. We shouldn't build new houses nor new roads because clearly neither improves anything. /s