Jersey Shore home prices: Rising, but how far?

September 26, 2015

The demographic of home buyers is also changing, said Dr. James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers.  “Ten thousand baby boomers per day are leaving the labor force, and to a large degree they represent yesterday’s work force,” Hughes said. “Millennials are in their place. … They are starting to form households, and they have delayed household formation.”

Asbury Park Press.com, September 25

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