In general supply and demand control prices. The population of this country continues to increase so the demand increases. When I was a kid I think the population was in the 150million range, (50-60s), now I think it is in the 300 million area. Those people are living where nobody lived before. Whatever the cause, couples having more than 2 children, immigration, whatever, I an not arguing that here just stating what I believe is the cause. If the population was steady or declining it would seem that there would be empty houses and land that couldn't be sold or sold slow and the price would come down. This happens some when the economy is slow, but then goes back to increasing prices.
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