▲
3
0
▼

Who is going to buy all those houses in Calif when the Gen X/Yers retire?


               
2013 Jan 9, 6:31am   20,127 views  44 comments

by MMR   follow (1)  

California 'suffering unprecedented decline' in child population
California is in the midst of an unprecedented decline in its child population. Falling birth rates, a decrease in migration and the retirement of the 'baby boom' generation are threatening the future prosperity of America's most populous state, a new report has revealed.

By 2030, children will make up 1/5 of population, while in 1970, they made up 1/3

http://www.telegraph.co.uk/news/worldnews/northamerica/usa/9791411/California-suffering-unprecedented-decline-in-child-population.html

Comments 1 - 6 of 44       Last »     Search these comments

1   varmint   2013 Jan 9, 7:46am  

Immigrants. They still have a lot of kids.

We'll need to find jobs for them, but I can't see a way to meaningfully grow the younger demographics without immigration playing a large role.

2   Ceffer   2013 Jan 9, 8:35am  

Another Chicken Little non-crisis to get some kind of funding for the non-problem?

I just don't believe it, schools swarming with illegals, no jobs for the young people that are already here. Young people are the most likely to leave the state for work opportunities.

The Lucille Packard Foundation sounds like it is staffed by airheads. Airheads who are taking it for a ride along with the usual left leaning academics. Somebody's methodologies and the conclusions they draw from it really suck.

Treasure and nurture our poor oppressed, dwindling young. BuLLshit!

3   zzyzzx   2013 Jan 9, 9:35am  

Gen X/Yers won't be able to retire. Ever. Too poor.

4   Ceffer   2013 Jan 9, 10:03am  

A lot of the boomers won't be able to retire. I know guys who plan on going until at least 72.

Reverting back to pre WWII, when people just worked until they were too sick to continue to do so, retirement by modern standards was uncommon.

Work til you drop and devil take the hindmost.

5   carrieon   2013 Jan 9, 10:06am  

The homes in CA will all sell for 10 cents on the dollar.

6   mike m   2013 Jan 9, 6:31pm  

there will always be a market in california. it will just change. mostly mexican and indian buyers

Comments 1 - 6 of 44       Last »     Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste