BuilderOnline recently posted an interesting story about how demographics tell of solid & strengthening housing demand as Millennials age, work, form households, and make families. Using data from the U.S. Census bureau, they suggest sheer numbers are not a guarantee of good times but instead suggest people patterns around work choice, proximity to jobs, use of time, and educational attainment will serve as the windows of opportunity & risk. Indeed…
“We may have gotten used to overstating–understandably–the economic importance of the Baby Boom by conflating the impact of the generational cohort’s coming of age with the effect of women’s game-changing embrace of employment outside the home. Fact is, the phenomenon of the married-working-couple-with-children household had more to do with our “expanding pie” economy in the 1980s, ’90s and early 2000s than the mere size of the Boomer cohort”
Click here to read the full story on Builder.com
