Story ataGlance

Largest segment of our population in the next five years will be of the home buying age, built-in support for home building and related industries more 20-29 year olds will cause increased demand for apartments and records of birth rates during the post war period. future consumer needs and preferences.

Western U.S. will continue to be a leading market.

This is the group that is now reaching economic maturity in the market place and will cause continued demand for new or improved housing.

There has been a long term decline in population growth in our nation except for the baby boom during the period of 1947 through 1961.

In addition, the increasing proportion of 20-29 year olds to our total population wi.ll require more primary households for emerging families of smaller size which should cause even greater demand for apartments.

The largest segment of our population during the next five years will be the 30-49 year olds who will be providing strong support for the economy. They will be the bulk of the home purchasers as their families grow and they move from smaller quarters to larger ones. With the new home will come expenditures for furniture, appliances, hardware and home improvement projects. Manufacturers and distributors of basic building materials will be benefiting from this development.