The changing American demographics have continually influenced housing patterns since 2000.
Demographics refer to birth and death rates, income, age, race, s-x, and medical health of a given population.
In the United States, the changing demographics that have embraced single parenthood and the increasing number of young people living with their parents after the age of 30 years, have tended to reduce housing demand in rural areas while increasing housing demand in suburban and urban locations.
Housing patterns have witnessed a mixed trend with increasing demand for bigger houses in the rural areas and increasing demand for smaller houses in the towns, especially given the inflationary trend.
Thus, the changing American demographics have continually influenced housing patterns since 2000.
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