What Changing Demographics Mean For Cities And The Housing Market

The nation's population trends can give planners insight into the demand for housing in the coming decades.

"Robert Puentes, a fellow at the Brookings Instituion Metropolitan Policy Program, provides a deeper understanding of trends that are impacting metropolitan America and how those trends may impact the demand for multi-family housing in the coming decades. The presentation stresses several key points including dramatic changes in household formation, the plight of older, inner-ring "first" suburbs, and the increasing diversity reflected in both cities and suburban areas."

Among the key points:

"In 2030, about half of the buildings in which Americans live, work, and shop will have been built after 2000."

"Household formation will have profoundly important impacts. Childless married-couple and single-person households will grow rapidly."

"Older, inner-ring "first" suburbs will figure prominently in conversations about metropolitan growth and development."

"The nation will continue to get much more diverse and multi-cultural. Suburbs especially will have to adapt."

"Demographics are not the only determinant of our urban future: economic restructuring, globalization, energy, education, governance."

Full Story: A Review of New Urban Demographics and Impacts on Housing

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $50.
$369 includes free shipping!
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00