Read my latest Bloomberg View column House Rich, Land Poor.
Here’s an excerpt…
The living space in newly built U.S. homes is on a tear: Since 1982, the size of a new single-family house has increased by almost 1,000 square feet — which was the size of the average U.S. house in 1950…
The trend continued after a brief interruption during the early days of the financial crisis…
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Tags: New Home Sales, Square Footage, Average Square Feet, U.S. Census, land, lot size