Spending demands fall as the maturing work force moves into the power structure of business and industry. The Baby Boomer generation is the largest in history at 80 million strong. The Baby Boom generation is defined by those born in the above average birth years between 1946 and 1964. The most concentrated surge in property buying comes at age 43 when most people buy their largest home. Housing is a key factor in the economy.
Housing leads the way out of recessions.
The Baby Boom birth wave peaked between 1950 and 1957. This should put the 43 year housing peak from late 1993 through the year 2000. The above information is powerful. Most of it was compile by our own government via the U.S. Bureau of Labor Statistics, Consumer Expenditure Survey and the U.S. Census Bureau. The reason this information is so powerful is that it can be used to predict what will be happening in our economy way into the future.