Quote:
Originally Posted by Jedi Ninja
The population growth rate of the US is the highest of any industrialized nation, at 0.88%. They have a strong birth rate and also a strong immigration level. Because of social changes, the number of households are growing at an even faster rate. A generation ago, the average household size may have been 5 persons (just a guess), whereas today due to smaller family sizes and split families due to divorce, the average household size is much less. So, even at the same population level, you'd have more homes.
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Okay... but it still doesn't really answer whether the rate of new building was/is outpacing demand.