The most significant factors affecting housing during the coming years will be whether aging baby boomers decide to grow old where they are and where young immigrants decide to settle, according to a recent study released by the Mortgage Bankers Association (MBA).
William H. Frey of the Brookings Institution, conducted the study for MBA’s Research Institute for Housing America. The report finds that the overall U.S. population will experience rapid aging, as boomers grow older, while absorbing large numbers of young recent immigrants. Different regions of the country will have different demands for housing driven by the relative impacts of aging in place vs. migration within the country and immigration from other countries. For example, suburban areas will gray faster than urban areas due to the boomers aging in place.

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