Analyzing/Projecting Household Formations: It's Not Just “Demographics”

From housing economist Tom Lawler: Analyzing/Projecting Household Formations: It's Not Just "Demographics" (With a Special Focus on the 60's and 70's) When talking about the outlook for housing, economists, analysts, and even home builders themselves often focus on "demographics." Probably the most common discussion relates to recent trends in and future projections of the US population by age, with special emphasis on the age distribution of adults. One of the simplest "models" used to analyze and project household growth is one that breaks out the actual and projected population by age......(read more)

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