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New trends in population growth
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FDM
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May 1, 2008
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Copyright informationCopyright Chartwell Communications, Inc. May 2008. Provided by ProQuest LLC. (Hide copyright information)
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The downturn in the housing market may be having unintended effects on the movement of the population. And that change could, in a vicious cycle, end up slowing the recovery in the housing market. Migration to the hottest growing areas of the country has slowed, even though the U.S. population continues to move toward the South and the West.
Small changes
Los Angeles, for example, remains the second largest metropolitan area in the country with a population of nearly 12.9 million people, but that level barely changed from 2006-2007: the population rose by just 8,753 people, or 0.1 percent. In metropolitan Miami, the population actually slipped by 2,228 people over the year to 5.413 million ...
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