Demographic forces will reshape the market for new housing during the remainder of this century. In particular, the amount of needed new housing will be stimulated by the maturation of the large "baby boom" generation; the financial capacity to afford new housing will be strengthened by the predominance of two-earner couples; the type of preferred housing will reflect evolving residential needs dictated by diverse living arrangements; and housing demand will tend to be concentrated within certain regions and metropolitan areas.

Major demographic changes have occurred in the U.S. that will significantly affect future demand for housing and economic growth. Net household formation is at a peak now because of the baby boom of the last generation. Current job and housing demands by young adults will continue for 10 years and then reverse as the impact of the current declining birth rate is felt. This paper analyzes the potential effects of population growth rate and age structure on potential housing demand, based on three alternate assumptions for population and economic growth. (Author).

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.