Whocouldaknown about housing?
Calculated Risk had a post today about the increasing number of people per household.
I have touched on increasing household size a few times and so far it seems like it is going just as I thought. This post I contrasted household size in North America to Britain. I still think household income in Britain is artifically higher because of so many adults living in the same household. This post points out how the increasing household size creates demand destruction for housing.
There are now some very good dealing in housing in some areas, however, I think over all housing is still going to come down some. I think housing is a good deal where I live. I am getting about 5% on my capital of my whole home just from from renting a suite and I live in the house. If I divided the capital in half, I am getting 10% on the capital tied up in the suite. The numbers really make sense to own where I am.