The Urban Institute has said that virtually all of the household growth in the U.S. expected over the next two decades will come from “minority households”. Its researchers said in a report last week that between 2020 and 2040, around 16.1 million new net households will be created, and the vast majority of them will
Renter Numbers Predicted to Rise During Next 15 Years
June 16, 2015 by
As the housing recovery continues, it’s expected housing patterns will change significantly during the next few years in order to accommodate a much larger renter population. The change is being predicted by a recent report by the Urban Institute called “Headship and Homeownership: What Does the Future Hold?” As the report points out, millennials will
Formation of More Households to Increase Demand for Homes
October 29, 2013 by
The housing market throughout the country is beginning to recover, and prices are even on the increase. An important part of the recovery is the demand created through the formation of new households, something that is rising once more. According to the article in RisMedia, figures from the latest US Census Bureau’s Housing Vacancy Survey
Housing’s Fundamentals Call For Positive Outlook With Extreme Caution
January 2, 2012 by
While the recent news about housing has taken on a more positive tone, and a number of housing related stocks are going up, the basic fundamentals of the U.S. housing market are trending in a more dubious direction…
