Population Changes Will Bolster West

By William E. Baugh William E. Baugh & Associates Newport Beach, Ca.

ence that can be determined objectively that plays a large role in con-

While the housing industry will continue to experience cyclical swings (because home purchases are generally speeded up or delayed because of short term economic considerations), it is likely that demographic pressures will result in a strong housing sector during the next five years in those areas of the country that have undergone growth in the past three years.

It is also apparent that the "over 65" group will be expanding, which will require increased need for nursing homes and retirement housing.

The net result is that the Western United States, which had a large growth rate of war babies, will be participating to a large extent in the numbers game of eligible house buyers based on the historic data