Children element with height: 100% getting pushed by siblings

I have a very simple structure:

<div class="parent">
    <h1>Element taking space</h1>
    <div class="stretch">
        Not much content, but needs to be stretched to the end.
    </div>
</div>

The parent div has a set height, and I want div.stretch to stretch all the way to that height, regardless of how little content it has. Using height: 100% does the trick, until you add some other element which pushes the content down.

I guess that specifying height: 100% means that the element should have the exact same absolute/computed height as the parent element, and not the remainder of the height after all the other elements have been computed.

Setting overflow: hidden obviously hides the overflowing content, but that's not an option for me.

Is there any way I can achieve that in pure CSS?

Demo of my problem

You could float the h1 element. It would work no matter what height it is, and the content of the stretch element will be pushed below it. But I'm not entirely sure if this is what you are looking for.

EDIT: I'm not certain what kind of browser support you're looking for, but you could also set the display to table on .parent and then have .stretch inherit the height. Then you can nest the column divs inside of .stretch and float them.

Updated: http://jsbin.com/oluyin/2/edit

HTML

<div class="parent">
    <h1>Element taking space</h1>
    <div class="stretch">
        <div class="col">Not much content, but needs to be stretched to the end.</div>
        <div class="col">Not much content, but needs to be stretched to the end.</div>
    </div>
</div>

CSS

.parent {
    display: table;
}

.stretch {
    height: inherit;
}

.col {
    float: left;
    width: 50%;
}