WASHINGTON, DC—Working women, affluent immigrants and bothyounger and older adults will drive demographic trends through2025, the Urban Land Institute says in a new report. TitledDemographic Strategies for Real Estate, the report seespositive long-term implications for the multifamily sector, amongother findings.
“Government policies, economic cycles, new technologies, andshifts in social acceptability have driven massive shifts in realestate demand over the decades,” says John Burns, CEO of John BurnsReal Estate Consulting, which prepared the report for ULI'sTerwilliger Center for Housing. Real estate executives who“identify the trends early and adapt always win,” he adds.
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