Household Formations Have Returned to Pre-Recession Levels

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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