Sometimes we forget to look beyond our own front doors- literally. Today, the Baby Boomers represent about one-third of the population in the U.S. There are many younger people in the U.S. , which should spell good news for the housing market recover. The problem is that many homes are dates- younger people will be living in the Digital Age- not the Age of Motoring.
That said, the US is a relatively young country (thanks to immigration) with a relatively young population.
The infographic is from:
What Baby Boomers’ Retirement Means For the U.S. Economy | FiveThirtyEight.