• late_pessimistic@slrpnk.net
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    2 months ago

    62% home ownership in 1960’s for much smaller homes (on average 700 sqft) vs 65% now for an average of 2000sqft

    62% -> 65% sounds reasonable.

    700 sqft on average -> 2000 sqft on average is suspicious though. It’s possible stats got skewed by the top 1%, who are today richer than ever before, and own ridiculous amount of property. Median sqft perhaps would be more representative

    • GalacticRobot@lemmy.world
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      1 month ago

      Median square foot is close to the same. It’s cheaper to build larger than smaller in the US because of the space for expansion and developers aren’t being forced to pay for services needed when they expand suburban areas.