re: Let’s discuss the housing market

I listened to a demographer on Coast to Coast AM (don't laugh, this guy was talking numbers, not aliens) about 18 months ago who said we are roughly 15 million housing units short of what demand will be over the next 5-10 years. He pointed to the millenials being the largest generation ever all coming to house buying age (25-35) with many fewer older houses "opening up" due to an increased life expectancy, and more older people being able to live at home longer than ever before.

I thought it sounded overly optimistic, from a real estate investor's perspective... but it's starting to feel like the perfect storm of demographics, plus supply and demand issues due to Wu Flu problems.