How changing demographics could hurt housing again

03/5/2013 | Atlantic Cities, The

Baby boomers who look to move out of large suburban single-family homes might not find many interested buyers, says researcher Arthur Nelson, director of the Metropolitan Research Center at the University of Utah. Younger generations are more interested in smaller homes and condos, and the growing numbers of Hispanics in the U.S. generally do not have incomes high enough to buy larger homes. The confluence of these demographic trends could prompt another housing crisis, Nelson says.

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Atlantic Cities, The

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