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Demographic Effects on Household Formation Patterns

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Abstract

This paper shows that part of the changes in household formation patterns in the United States can be attributed to changes in the demographic composition of the population. Influential factors include the increasing proportion of elderly in the population and the aging of the baby boom generation. The proportion living alone is expected to rise, the proportion sharing quarters with unrelated persons is expected to fall, and the numbers of persons choosing each of those living styles will rise. In addition, dramatic increases in the demand for both owner-occupied and renter-occupied housing for one-person households are predicted.

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File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol06n02/v06p191.pdf
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Bibliographic Info

Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

Volume (Year): 6 (1991)
Issue (Month): 2 ()
Pages: 191-206

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Handle: RePEc:jre:issued:v:6:n:2:1991:p:191-206

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Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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Web: http://aux.zicklin.baruch.cuny.edu/jrer/about/get.htm

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  1. Karen Leppel, 1986. "A Trinomial Logit Analysis of Household Composition," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 14(4), pages 537-556.
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Cited by:
  1. Mark J. Eppli & Monty J. Childs, 1995. "A Descriptive Analysis of U.S. Housing Demand for the 1990s," Journal of Real Estate Research, American Real Estate Society, vol. 10(1), pages 69-86.
  2. Gary Painter & Zhou Yu, 2012. "Caught in the Housing Bubble: Immigrants' Housing Outcomes in Traditional Gateways and Newly Emerging Destinations," Working Paper 8953, USC Lusk Center for Real Estate.

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