Comment by wasabi991011
10 hours ago
You have a lot of assumptions in your takeaways.
> Housing stock outpaced population, reflecting smaller household sizes and more single-person households.
Or rich people owning more vacation homes.
> Healthcare expanded far faster than population, a structural shift rather than demographic necessity.
What? It could easily be the population getting older and/or sicker. Even if it was a structural shift, it could be in the negative direction ie less efficiency.
> Food production grew roughly in line with population, but without proportional land expansion productivity gains.
What land expansion? You didn't include that in your stats. And no source to verify.
> Or rich people owning more vacation homes.
https://fred.stlouisfed.org/series/RSAHORUSQ156S
Home ownership rates have a 6 percent variance over the last ~50 years.
We dont have a housing problem in America, we have a utilization problem:
https://www.census.gov/library/stories/2023/06/more-than-a-q... as an example.
There is a conversation that needs to be had about housing, but no one is going to LIKE the medicine that comes with that.
There's some historical stuff happening in that graph that it's easy for young people to not have context for, like the fact that the peak home ownership around 2005 was caused by a subprime mortgage fiasco.