Demographic Effects on Household Formation Patterns
AbstractThis 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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Bibliographic InfoArticle provided by American Real Estate Society in its journal Journal of Real Estate Research.
Volume (Year): 6 (1991)
Issue (Month): 2 ()
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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
Find related papers by JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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.
- 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.
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