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| Demographic Effects on Household
Formation Patterns Author: Karen Leppel Start Page: 191 Abstract: This paper shows that
part of the changes in household formation patterns in the United States can be attributed
to changes in the demographic composition of the population. Influential factors include
the increasing proportion of elderly in the population and the aging of the baby boom
generation. The proportion living alone is expected to rise, the proportion sharing
quarters with unrelated persons is expected to fall, and the numbers of persons choosing
each of those living styles will rise. In addition, dramatic increases in the demand for
both owner-occupied and renter-occupied housing for one-person households are predicted. |
