Week 68: Boomers, Millennials, GenXers, Oh My! John Engel’s Real Estate Column for the New Canaan Sentinel
The power of demographics to explain our economy and the housing market is often understated. It may be the single biggest influence on current home prices. To understand real estate, take the growth of motorcycle sales between 1960 and 1974: 1960: 575,000 registered in the U.S. 1965: Registrations increased to 1,382,000. 1971: The number surpassed 3 million. 1974: Registrations […]