The largest generation of Americans EVER is Generation Y … approximately 87 million souls. At our peak, there were 80 million Boomers. Today, there are about 77 million Boomers because life is a fatal experience. Focus on the fact that Generation Y is approximately 10% larger than the Boomer Generation at their peak.
Members of Generation Y range in ages today from 11 to 31. This generation has just begun impacting the housing market. You have heard of the tremendous demand for apartments usually explained as a result of foreclosure. But families are more likely to rent a house with a yard than an apartment.
Generation Y impacting the housing market is resulting in an increased demand for housing in the form of apartments, townhouses, and single family homes. We have only seen the front edge of the demand for housing which will exceed the impact of the Boomers on the housing market 30 years ago. That demand for housing means an increase in demand for wood fiber.
Wood fiber is used not only for the construction of the housing but also furniture and various components in the house. Therefore, increased demand for housing with all of its facets means increased demand for wood fiber. You can profit from that trend by owning timberland.
We hope that the information we are sharing will assist you in making a timberland investment. We believe doing so will make you look brilliant over the next 10 years. Call us, at Grant Massie Land Company we love helping our clients look brilliant.