HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
Arthur C. Nelson, professor of planning & real estate development at the University of Arizona, focuses on long-term demographic trends.
He said the big rush to buy houses soon after the
pandemic hit hard was a surprise to many.
“The younger generations were
accumulating some money (because) the pandemic shut things down so there was
nothing to spend money on and with two percent interest rates — the market came
together nicely for millennials and they moved to the suburbs,” he said.
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