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The (Not So) Curious Case of the Shrinking Homestead

"Go West" may not be the best advice for someone in search of elbow room.  The National Association of Home Builders (NAHB) says that housing lot sizes are shrinking everywhere, but they are smallest in the Pacific and Mountain divisions, and in the furthest west division of the South. The median lot size for a new single-family detached home was 10,000 square feet in 1992.  Ten years later it had fallen under 9,000 square feet but shot back up during both the housing boom and the housing crisis (our guess, because fewer lower priced homes were being built) before resuming a gradual but fairly steady decline. 

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