Inman News: Harvard: Hintst of a subdued recovery in 2012 July 05,2012

Submitted by lusk-admin on Fri, 01/04/2013 - 15:31

According to Gary Painter, director of research with the University of Southern California Lusk Center for Real Estate, the aging of the nation's immigrant population will drive long-term housing recovery, even if unemployment remains high.

Though immigrants tend to produce fewer households per person due to a higher rate of household sharing, over time household formation rates historically return to normal levels regardless of job growth...

See the link below: