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Under-occupancy is identified as one of the key issues. Average household size has fallen from 2.48 in 1980 to 2.36 in 2018, largely because of the ageing population. If household size today were the same as in 1980, there would be 1.3m more dwellings available.
The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
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