Reply to Baby boomers to kill the housing market?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There are just as many studies out there that say the millennials, who have been putting off marrying and having kids, will finally want to settle down and buy houses.  If anything, it is the hot urban markets that could suffer.[/quote]

Less likely the cities that will suffer because declining crime and proximity to jobs will always shore up demand.  I recall reading that the median age is dropping in the city and inner burbs and rising in the outer burbs and exurbs.

The exurbs more likely to suffer as the "drive till you can buy" motto that the boomers lived by isn't resonating as much with millennials who prefer to live in the close in burbs or city.  The suburban experiment this country subsidized for decades post ww2 is failing as a trip on the major commuter arteries during rush hour can show.

Population patterns will adjust to time preferences as boomers pass on.  They already are.
  [/quote]

Not necessarily. Most Millennials are buying in the suburbs. Most work in the suburbs. There's been a flight of Millennials from DC proper.

The US population is still growing at a steady pace. For a city like Washington there will always be a steady demand for housing even in exurban areas. [/quote]

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