Building Homes For Generation X

While the current housing market in decline, analysts are starting to think about meeting the different housing demands and preferences of younger households.

1 minute read

November 9, 2006, 7:00 AM PST

By Christian Madera @http://www.twitter.com/cpmadera

"The housing market may be in a slump, but the industry's long-term trends look promising as younger generations begin to buy and trade up. That was the consensus among a group of consultants, analysts and developers speaking at the recent annual meeting of the Urban Land Institute in Denver.

Rising affordability concerns in some home and rental markets remain a challenge, but the generations coming up behind the baby boomers are giving home builders a run for their money, experts said. With more immigration and people living alone, demographic shifts are pressing developers to reconsider what's worked in the past."

FULL STORY: Generation X May Boost

Tuesday, November 7, 2006 in RealEstateJournal.com

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