1. The Housing Sector, Interest Rates and Unemployment Examined
... stay low in the upcoming years. Several industry specialists project numerous significant elements to keep housing demand strong over the next decade, including aging baby boomers who are entering peak income and wealth years; strong immigration trends resulting to new household formations; increasing homeownership rates; an aging housing ... 2006, one of the largest population segments, roughly 76 million people, those born between 1946 and 1964, commonly known as "Baby Boomers," began to turn 60 years old. In fact, according to Summary and Highlights of the American Housing Conference,...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate