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Household Formation: Why Is It Declining—and Where Is It Going?
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Household Formation: Why Is It Declining—and Where Is It Going?

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Demography Unplugged
Feb 16, 2018
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Demography Unplugged
Household Formation: Why Is It Declining—and Where Is It Going?
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What’s Happening? Something peculiar is happening in the housing market: Even after rising over the past several years, annualized housing starts stand at just over 1 million today—which is barely half of 2006’s levels. Historical data are even more concerning. Housing starts are now lower than at any previous business-cycle peak going back to President…

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