Search...Ctrl+K

Brandon Donnelly

Subscribe

2025 Paragraph Technologies Inc

PopularTrendingPrivacyTermsHome
View all posts
Posts tagged with
us-fertility-rate(1)
Cover photo
May 24, 2024

Fewer babies, fewer homeowners

Since the 1940s, the US has been adding roughly 9 million new homeowning households about every 10 years. This, after all, is a fundamental component of the American Dream. But Aziz Sunderji -- who writes over at Home Economics -- has recently been arguing that this 80-year boom is now at an inflection point. And it is largely because the rate of population growth in the US is now declining. Here's his chart, which uses data from the US Census Bureau and the World Bank:

post image

In fact, for the first time ever, the Census Bureau is now forecasting the US population to start declining. The current forecast has its population reaching a high of 370 million in 2080 and then declining to 366 million by 2100. But even before these far off dates, organic growth is expected to turn negative in less than 15 years (see above). So yeah, it makes sense that this would impact the real estate sector.

For more on the future of homeownership, check out Aziz's Home Economics.

Brandon Donnelly

Written by
Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

Writer coin
Subscribe

Support Brandon Donnelly

Support this publication to show you appreciate and believe in them. As their writing reaches more readers, your coins may grow in value.

Top supporters

Share Dialog

4.2K+Subscribers
Popularity