The traditional American dream of marriage, homeownership, and family formation is deteriorating. Many Americans delay marriage and family, leading to lower birth rates and changes in housing demands. Experts alert that the challenge to housing might not just be affordability, but also a declining fertility rate. Politicians call for young Americans to start families, recalling the baby boom era's impact on housing growth. This historical context created a model for housing that today’s market struggles to adapt to as growth slows down and fewer follow that original path to adult life.
"GI Joe and Rosie the Riveter got together right after World War II, got married, and births exploded. So we had rapid household formation."
"When Americans talk about ideal housing patterns, they're often referencing a very specific moment in history: the post-World War II baby boom."
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