More jobs, higher wages, fewer homes.
Nice post, Nik 👍
The only concern is the real estate price pump. U.S. population growth rate is getting lower and shrank 5 times in 60 years: https://data.worldbank.org/indicator/SP.POP.GROW?locations=US
U.S. population grown +1.4%/year during 1930s and 1940s https://www.u-s-history.com/pages/h980.html , but now it's only 0.35%/year now.
It could lead to redistribution of the home prices between old and new fads (i.e. from NYC to FL, or from SF to Austin), but the close-to-zero population growth will add gravity to the overall RE market.
Nice post, Nik 👍
The only concern is the real estate price pump. U.S. population growth rate is getting lower and shrank 5 times in 60 years: https://data.worldbank.org/indicator/SP.POP.GROW?locations=US
U.S. population grown +1.4%/year during 1930s and 1940s https://www.u-s-history.com/pages/h980.html , but now it's only 0.35%/year now.
It could lead to redistribution of the home prices between old and new fads (i.e. from NYC to FL, or from SF to Austin), but the close-to-zero population growth will add gravity to the overall RE market.