Where are priced out renters moving to buy?

By John McManus | Builder

America is constantly sorting itself out. How we cluster–by educational attainment levels, by income, by other demographic traits, by political beliefs, even by occupational interest areas–shapes real estate markets into a present supply-demand dynamic.

And then reshapes them. Consider the next five to 10 years a stretch of great reshaping, as high housing costs, career opportunities, and a tectonically shifting economic kit of parts reassembles itself during that time period.

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