Start Date
16-8-2017 2:15 PM
Description
The housing market has come back with a vengeance in metro parts of Nebraska. Demographics play an important part in the reason why. This session will discuss the consumer lifecycle and how renting and rental unit construction boomed since the economic downturn as the large segment of millennials were at ages where people are most apt to rent. Now millennials are pushing into ages where marriage and children lead to home ownership, which will support the housing market as demand increases. Our panelists will discuss these and other factors that impact housing in both urban and rural parts of the state, including how to use data to frame a development or redevelopment project, and the challenges in nonmetro areas regarding the age and quality of housing stock.
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Included in
Trends and Factors Affecting Housing Panel Discussion
The housing market has come back with a vengeance in metro parts of Nebraska. Demographics play an important part in the reason why. This session will discuss the consumer lifecycle and how renting and rental unit construction boomed since the economic downturn as the large segment of millennials were at ages where people are most apt to rent. Now millennials are pushing into ages where marriage and children lead to home ownership, which will support the housing market as demand increases. Our panelists will discuss these and other factors that impact housing in both urban and rural parts of the state, including how to use data to frame a development or redevelopment project, and the challenges in nonmetro areas regarding the age and quality of housing stock.