1. The Times are a Changin’: Adapting to Shifting Housing Market Demands
Wisconsin Real Estate and Economic Outlook Conference
October 12, 2016

2. Trend 1: New Household Formation Concentrated in Minority Households
Source: Goodman, Pendall, and Zhu 2015

3. Trend 2: More Young and Old, Fewer Middle-Aged Projected Household Formation, 2014-2024
Source: Fisher and Woodwell 2015

4. Trend 3: We are Marrying and Having Kids Later
Source: Rappaport 2015

5. Trend 3: We are Marrying and Having Kids Later Birth Rates by Age of Woman, 1990-2015
Source: Hamilton, Martin, and Osterman 2016

6. Trend 3: We are Marrying and Having Kids Later Beliefs about Marriage and Kids as High School Seniors
Source: CEA 2014

7. Implication of Trend 3: More Rental Housing?
Source: Rappaport 2015

8. Trend 4: Boomers are Delaying Downsizing
Source: Rappaport 2015

9. Trend 4: Boomers are Delaying Downsizing Driven by Increase in Male Life Expectancy
Source: Rappaport 2015

10. Trend 4: Boomers are Delaying Downsizing Driven by Increase in Male Life Expectancy
Source: Rappaport 2015

11. Summary New household formation is coming from minorities
More young and old, fewer middle-aged
Marrying and having kids later in life
More demand for multifamily housing?
Boomers delaying downsizing due to increase in male life expectancy
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