> but the population of the US grows by 1M people per year
If they are all 0 years old, it doesn’t affect housing until about say 20 years later. If they are all immigrants over 20 then it does immediately. Demographics matter. Population growth in 2000 was about 1%, which is a lot more than your current 1 per μ annum figure.
If they are all 0 years old, it doesn’t affect housing until about say 20 years later. If they are all immigrants over 20 then it does immediately. Demographics matter. Population growth in 2000 was about 1%, which is a lot more than your current 1 per μ annum figure.