Economy Watch Weekly: The Nation’s Aging Population
July 5, 2017
The median age of the U.S. population rose by more than two years from April 2000 to July 2016, according to recent Census Bureau estimates. Economy Editor Dees Stribling discusses the aging population's impact on the real estate industry.
In just 16 years, the nation’s population has developed a significantly older age profile, according to recent Census Bureau estimates. Although the millennial generation is larger, the aging baby boomers will continue to make the U.S. an older place, which will likely impact demand for retail and residential real estate. Economy Editor Dees Stribling discusses the effect an aging population has on the real estate industry, for the week ending June 30, 2017.Â
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