It is considered by experts to be one of the biggest challenges facing the housing market today. The so-called “Millennials” – the generation following the once-considered-rudderless Generation X – has yet to move into the housing market en masse.
Dowell Myers, demographer with the USC Sol Price School of Public Policy, joined BPC’s 2014 Housing Summit to discuss how demographic trends will shape the US housing market and whether federal policy will anticipate the significant shifts taking place.
This morning, the trustees of Social Security released their annual report, which includes an assessment of the program’s financial health. The Social Security actuaries estimate that under current law, the Old-Age and Survivor’s Insurance (OASI) Trust Fund will be depleted in 2034 (one year earlier than projected last year), while the Disability Insurance (DI) Trust Fund will be depleted in late 2016, unchanged from last year.