2012-09-02 — doctorhousingbubble.com
California bucked the nationwide trend in household formation. Even during the recession, the number of US households actually grew. In California, even with population rising, the number of households forming actually fell. What you have is folks that can buy or rent and those that simply cannot. So you have a consolidation of households. Some view this as pent up demand but in reality, this is more of a state splitting into two fractions
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