Household formation is back to its pre-recession level of around 1 million new households per year, according to research from the USC Lusk Center for Real Estate. Gary Painter, PhD, co-author of the study and a Professor at Lusk, explains why this outcome was predictable and how future unemployment spikes will affect the housing market on this episode of Big Money Real Estate with Ilyce Glink.
Household Formations Have Returned to Pre-Recession Levels
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