Prediction: Worst is yet to come for housing market

An interesting article predicting a “coming housing calamity” appeared on the New Urban News newsletter.  Arthur Nelson, a well-respected planning professor at the University of Utah, predicts that the sales of single-family homes by aging baby boomers, rising household sizes, dropping homeownership and tighter lending standards will result in a “disaster for homebuilders.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Archives

Categories