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Future Housing Demand

While the economic crisis has dampened household growth, the sheer size of the echo-boom generation will give a powerful boost to long-run housing demand.

Rapid growth in the population under age 45 and over age 65, as well as the rising minority share, will shift the composition of housing demand over the next 20 years. These changes in the age
distribution will mean greater demand for both starter homes and rentals, and for seniors housing.

Source: State of the Nation's Housing 2009 (Harvard University - Joint Center for Housing Studies)

Posted: Tuesday, October 06, 2009 11:25 AM by Kimberly Van Hal

Comments

Reverse Mortgage said:

Every one want different kind of houses for their living.

# October 23, 2009 1:48 AM
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