Quote:
Originally Posted by jmecklenborg
The U.S. population has not grown significantly since the 2008-09 recession. Back then, there were vacant houses all over the place. So where was everyone? That's right, living with their families and living with roommates.
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You're kidding right?
2010 Census - 308,745,538
2020 Census - 331,449,281
That's a need of 22 million new beds to house everyone in a 10 year period. And most of this growth occurred in cities where the jobs are located. Of course this is just raw population change, but the numbers are even higher if you factor in the amount of teenagers who became young adults during this time and are either continuing to live at home as it's the only affordable option or move in with a roommate if they could not afford housing on their own.
Housing affordability has always been an issue, but it's magnitudes worse now than it was 13 years ago during the Great Recession.