I link to a dimensionless ratio that is basically "velocity of M2 money" and argue why its strong trend downwards since 2000 was part of essentially a financial scheme to rob the avg person and make the ultra wealthy even more ultra wealthy.
This is Population / (k * housing_starts * house_longevity) where k = 2.5 people/house and house_longevity is a number near 80 years... The steady state was probably about right at just below 1.0 and the entire time since 2006 or so it's been above 1.0 up to about 3.0 meaning we are losing houses per person on net.