Allison Arieff
Editor at Large, GOOD, and \"Opinionator\" columnist for the New York Times
So it's changing demographics—and not those seemingly endless foreclosures—that are keeping suburban housing markets weak. William Lucy, an urban and environmental planning professor, found that the path to a housing market rebound doesn't lie in new construction, but in rethinking housing needs based on changing demographics. Simply put: Homeowners over age 55 want to sell and downsize, and fewer 30- to 45-year-olds want to buy. Fixing this problem, however, will be far more difficult than identifying it.
