Age, demographics, and the demand for housing, revisited
Richard Green () and
Hyojung Lee
Regional Science and Urban Economics, 2016, vol. 61, issue C, 86-98
Abstract:
The United States is aging, and many baby boomers are reaching or will soon reach the retirement age of sixty-five. At the same time, Millennials—the largest generation in U.S. history—have faced problems of high rents relative to incomes, and volatility in housing markets. These shifts are reigniting debates about how changes in age structure will affect housing and labor markets.
Keywords: J11; R21; Age; Cohort effects; Demographics; Housing demand; Projections (search for similar items in EconPapers)
Date: 2016
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Working Paper: Age, Demographics, and the Demand for Housing, Revisited (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:61:y:2016:i:c:p:86-98
DOI: 10.1016/j.regsciurbeco.2016.09.005
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