Bio / CV  Courses of Instruction Charting Our Future Demographic Diversity and Trends Immigration Housing and Homeownership Urban Growth, Sprawl, & Quality of Life the Cohort Gallery Sitemap Home		Aging Baby Boomers and the Generational Housing Bubble     By Dowell Myers and Sungho Ryu                   Journal of the American Planning Association (Winter 2008) 1. Newly published academic article “Aging Baby Boomers and the Generational Housing Bubble" Showing variation in the rate of Baby Boomer sell-off for the 50 states, as well as variation in the onset of a long-term buyers market with a surplus of would-be sellers relative to buyers 2. News story in The Economist (January 19, 2008) “American House Prices Baby Boom and Bust” 3. Validating the estimates with Realtors sales data Appendix A: Validation by Comparison to Reported Housing Sales  4. Where is More Explanation Available? Please see the Frequently Asked Questions Below:  Also see chapter 11 (“Sharing the American Dream: The Linked Interests of Older Home Sellers and Younger Home Buyers”) in the 2007 book, Immigrants and Boomers 5. Frequently Asked Questions Who funded this study?       Fannie Mae Foundation Why are the data estimated for 1995-2000? That period is assumed to represent more normal demand behavior than the booming 2000 to 2006. Plus a rich set of data was collected by the 2000 census. How well do these estimates match reality? See the Appendix A validation data. Won’t future market years likely differ from what is assumed? We assume that they will vary above and below the long-range trend indicated by our data. Our estimates show how the average demand context will shift over the next two decades. This varies by state, as well.  Updated Jan 18, 2008
		University of Southern California  School of Policy, Planning, and Development  Los Angeles, CA 90089-0626  Phone: (213) 740-7095  FAX: (213) 740-1801  email: dowell@rcf.usc.edu