1. The Housing Sector, Interest Rates and Unemployment Examined
... , 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, every 8 seconds someone turns 60. As it is, baby boomers make up about 37% of all U.S. households and 28% of the total population. And, as can be imagined, such a large segment will definitely have gargantuan impact on ... the economy, generally, and the housing market, specifically. In many ways, the baby boomers have dominated the real estate market since the 1970's when they bought their first homes, again in...
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate