Demographic changes can impact your life. Our boys were born in 1968 and 1969, the group of babies born after the Baby Boom years, which ended in 1964. For ten years, the birth rate was low, and became the so called Generation X. That was the first time I was interested in demographics. The impact for the boys was real. Because there were fewer children, acceptance into school was easier even when applying for Nursery School. And it continued every step of their life although not obvious to the boys.
For thirty three years in the real estate business, I paid close attention to the demographics of the Washington area, to try to figure out where to spend our time and efforts to help buyers and sellers. In 1978 when I came into the business, there was no need for luxury large condominiums in Bethesda but when the huge group of Baby Boomers got to retirement age, there was a big need. Fortunately, builders had anticipated their need.
Jonathan V. Last has written an interesting book, called "What To Expect When No One's Expecting." It is all about fertility and demographics. His style is breezy and light. I am almost finished and have enjoyed it thoroughly even though I have kept current on the literature over the years. The book definitely is work reading.
Sunday, June 2, 2013
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