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Bill McBride predicts millenial cohort to drive the housing boom--in time
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2014 Aug 11, 5:43am 2,443 views 3 comments
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1
Al_Sharpton_for_President
2014 Aug 11, 6:54am
Al_Sharpton_for_President
2014 Aug 11, 6:54am
He was terribly wrong about the cause of the declining labor force participation rate and continually uses data from HSBC, Moody's and S&P without qualifying their crimes and conflicts of interest. He is just another biased fart with a blog.
2
lahossain
2014 Aug 11, 6:57am
Oh no doubt. I do not give him credence. I more enjoyed the debate that it triggered.
3
Bellingham Bill
2014 Aug 12, 12:42pm
Bellingham Bill
2014 Aug 12, 12:42pm
I'm in CR's camp.
The graphs don't lie. We're going to have TONS more people here in 2050, and the median echo boomer (aka Gen Y, born '83 - 2000) is just 23 this year.
The comments section is thoroughly enjoyable, with some good counterpoints between the optimists and pessimists.
http://www.businessinsider.com/calculated-risk-demographics-2014-8
#housing