As Population Ages, U.S. Nears Historic Increase in Deaths
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As Baby Boomers age further into retirement, what happens to their homes will play a significant role in the future housing market.. Many Baby Boomers Are Already Dead One of the most significant demographics in American history were the Baby Boomers. What is the phase change happening right now?
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It's not. According to Harvard's Joint Center for Housing Studies, the majority of boomer household dissolutions won't happen until after 2030. The last boomers, born in the early 1960s, won't die until 2060 or later. We're talking about a process spread across 35+ years.. There were about 74 million boomers in 2020, meaning that, if only boomers died each year, it would take 23 years for every boomer to die even at the exceptional rate seen in the first year of the pandemic. Philip Bump - The Aftermath: The Last Days of the Baby Boom and the Future of Power in America Now the story shifts to the future.