Re:U.S. Apartment Market Shows Signs of Losing Steam
by spaceflunky on Sunday April 10, 2016 @01:13PM
(#11467112)
My gut feeling is that this is just following simple demographics.
Children of the baby boomers are starting to get into child rearing age and so apts are becoming far less desirable for a myriad of child rearing related reasons.
So single family detached homes are becoming the new fad, as the boomer's children want to raise their children like they were raised and no longer want an urban apt close to the all the bars/nightlife/restaurants.
Also read: bars, nightclubs closing becoming a trend?
Children of the baby boomers are starting to get into child rearing age and so apts are becoming far less desirable for a myriad of child rearing related reasons.
So single family detached homes are becoming the new fad, as the boomer's children want to raise their children like they were raised and no longer want an urban apt close to the all the bars/nightlife/restaurants.
Also read: bars, nightclubs closing becoming a trend?