The housing analyst I read, Part 2
[Continued from yesterday's Part 1.]
More gleaned from Kurt van Kuller’s fascinating Housing Bubble: Implications for Municipal Bonds.
4. Housing demand changes over the decades
As I previously posted, the evolving modern home continues to grow larger:
In 1975, the typical home was 1,500 square feet; in 2004, it was 2,180. That’s a 45% increase in square footage at [...]