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However, with the aging baby boom generation and declining birth rates, natural population change (births minus deaths) in the United States is projected to become negative by 2040. appeared first on Appraisal Buzz. At that point, the country will rely entirely on immigration for population growth. Housing Costs? Housing Costs?
By 2040, the number of households headed by individuals aged 80 and over is expected to double, making it imperative that the U.S. The post Housing Hurdles for Older Homeowners appeared first on Appraisal Buzz. Only 36.5% of eligible households received government housing aid in 2021, while 11.2 address the issue of aging in place.
The overall number of new homeowners nationwide will increase by almost 7 million by 2040, but demographics will vary significantly, depending on the state. The post Households of Color Expected to Dominate Homeownership Rate Growth appeared first on Appraisal Buzz.
These changes culminated in Minneapolis 2040, a plan that took effect in 2020, and codified the city’s commitment to expanding its housing supply. The post Desire for Housing Policy Solutions Blurs Political Lines appeared first on Appraisal Buzz. Communities nationwide face housing dynamics similar to those in Minneapolis.
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