Household Formations Have Returned to Pre-Recession Levels

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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.
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CEO of Cardone Enterprises, Cardone Capital, international speaker, entrepreneur, and author of The 10X Rule & creator of 21 bestselling business programs, Grant Cardone owns & operates seven privately held companies and a $5.2 billion portfolio of multifamily properties. Named the #1 marketer by Forbes Magazine, Cardone is also the founder of The 10X Movement & The 10X Growth Conference, the world’s largest business & entrepreneur conference.

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