The Favorable Demographics for Apartments via Calculated Risk

For several years I've been pointing out that demographics are favorable for apartments. This is because a large cohort has been moving into the 20 to 34 year old age group (a key age group for renters).

Also ... in 2015, based on Census Bureau projections, the two largest 5 year cohorts will be 20 to 24 years old, and 25 to 29 years old (the largest cohorts will no longer be the "boomers").

Here are two graphs showing the population in the 25 to 34 year age group, and the 20 to 34 year old age group from 1985 to 2035 (1990 was the previous peak for 25 to 34, 1985 was the previous peak for 20 to 34).

Read more...Calculated Risk: The Favorable Demographics for Apartments