The difference between today’s glacial housing recovery and a normal rebound is about 1,000 square feet
By John McManus | Builder Magazine
Housing economist Tom Lawler illustrates a housing pain point here. It’s an illustration of square footage trends in houses since the 1970s.
His Calculated Risk post says a lot by what it does not say, along with what it does say here in a single sentence:
The number of US single-family homes completed last year that had at least 3,000 square feet of floor area (222,000) was higher than any year in the 20th Century save for the year 2000, when 224,000 of such really large homes were completed.
