🏠 Stat of the Day: Sorry in advance to those stuck in studio apartments. The number of extra bedrooms, defined as a bedroom in excess of the number of people in the home, has reached the highest level since 1970, when the US Census first began recording this metric, according to a new Realtor.com report.
There were 31.9 million guest rooms/home offices/in-home storage units extra bedrooms in the US last year, up from 31.3 million in 2022. It’s also a more than 4x increase from 1980, when there were 7 million extra bedrooms. And as you’d expect – there isn’t much extra space in densely populated areas like NYC (unless you’re a rat🐀). Extra bedrooms are more common in the Mountain West and South.
Analysts attribute the rise in extra bedrooms to households getting smaller while homes get bigger (though home size hasn’t increased in over a decade). There were a record-high 3.1 persons/household in 1970, vs. a record-low 2.5/household in 2023.
🤔 Did You Know? YouTube started off as a dating site where single people would upload videos of themselves describing what they were looking for in a partner – but after nobody uploaded a single video in the first several days, the creators opened YouTube up for anyone to post any video content.
📰 Worth a Read: The battle over copyright in the age of ChatGPT → (Boston Review)
🔥 It’s Wednesday, December 17th – and here’s what’s hot, hot, hot.