Video that brings up an important economic issue and demographic trends of movement of people throughout the U.S. It takes a look at housing prices versus average wages in different places. People are streaming out of the high cost of living areas with high population densities.
Looks like maybe more young adults are living in "multi-generational" households like they do in Mexico. The U.S. population distribution currently skews young. According to the U.S. Census Bureau, there were nearly 45 million young adults aged 25 to 34 in the United States in 2016, over four million more than those aged 35 to 44. These young adults should be fueling the housing market, driving demand higher for years to come. But so far, despite the swell in the young adult population, household formation hasn’t surged. Rather, the U.S. has seen modest rates of household formation. Although we’ve seen gradual increases in first-time homebuyers and the formation of young adult households, these increases have been very slow when compared to young adults of 2000. If these young adults had formed households at the rate of the young adults in 2000, then the U.S. would have had 1.6 million additional households in 2016. http://www.freddiemac.com/research/insight/20180316_adulting.html Part of this may be due to changing culture, because you have more children in the U.S. whose parents grew up in another country. But the other part is that may be all they can afford. Looks like American culture and expectations may be changing. White women are also having fewer children, so maybe they're getting the hint. I mean that if they have children, it might not be so easy to send the child off, to be able to live on their own in a separate household when they become an adult, so these women don't want to take on the risk of the extra commitment that may be required. For women from other cultures, all this may be perfectly normal and what they're accustomed to.
While California is our third largest state in terms of area a lot of it is desert and it already has over 12% of all the people living in the USA.They are probably at saturation.
