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Analyzing Housing Demand Trends and Demographics
The chapter provides a detailed analysis of housing demand trends and demographics over a 10-year period, projecting an increase of about 1.4 million new households annually. It discusses challenges like building material shortages, labor constraints, and land scarcity impacting the housing market's ability to meet demand. Additionally, it explores demographic shifts, changing homeownership rates, and migration patterns influencing housing dynamics in the US.