In article ,
Andy wrote:

As a matter of fact, I have not been appointed the arbiter of what
people need. I only made the following logical analysis:

Fact: 30 years ago the average new home was substantially smaller
than the average new home today.

Fact: The average number of people per household has declined during
that period.

Assumption: People's square footage needs were met by the new houses
being produced by the free market 30 years ago.

Assumption: Human "needs" do not change over time; only preferences
change over time.

Conclusion: People are now buying houses bigger than they need.


What about all of those existing houses? New construction is just a part
of overall demand for housing. There are also lots more condos, townhomes,
and apartments than before. Are you counting those?


Dimitri