Where America’s Graying Population Lives
The U.S. population has changed substantially in the last half century, growing by nearly 63 percent. Perhaps the two most prominent demographic changes over the past 50 years relate to age. In 1968, the baby boom had just ended, and the oldest members of its cohort were only 22 years old. As baby boomers age, the […]
Hot housing market: home buyers are spending more than expected
Home buyers are busting budgets — and in some cases selling things they love — to snag their dream houses. A third of home buyers blew through the upper limit of what they planned to spend, topping that cap by an average $16,510, according to a Owners.com survey of 1,214 Americans who purchased a house within the […]
High Housing Costs Are Driving Californians Out in Droves
Most of those who leave make less than $50,000 a year; many work important low-skill jobs Angelenos and San Franciscans know their housing is insanely expensive, but California on the whole has some of the most expensive housing in the US, and that’s driving many poor and middle-class Californians out, says a new report from Beacon Economics […]