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by CareyBot

The most significant factors impacting housing over the coming years are whether aging baby boomers decide to grow old where they are and where young immigrants decide to settle, according to a new study released today by the Mortgage Bankers Association. The study, "America's Regional Demographics in the '00s Decade: The Role of Seniors, Boomers and New Minorities," conducted by William H. Frey of the Brookings Institution and sponsored by the MBA's Research Institute for Housing America (RIHA), analyzes two components driving the changes that will transform the U.S. population over the next several decades -- aging boomers, and immigration of Hispanics and Asians. It finds that the overall U.S. population will experience a rapid aging as boomers grow older, while absorbing large numbers...