[roberto]

The annual population growth in the US in the last 40 years is around 1%, and is diminishing (latest numbers show 0.5%).

The average annual growth in house prices since 1992 in the US is 5.3%.

[xienze]

> The annual population growth in the US in the last 40 years is around 1%, and is diminishing (latest numbers show 0.5%).

Population growth isn’t evenly distributed over the entire country.

[roberto]

And how is that relevant?