The generation that grew up in the Great Depression and made tremendous sacrifices during WWII is known to many as "The Greatest Generation." After these men came home from the war and the women left the work force, they started families all over the country which produced the "Baby Boomers." This was the largest generation to come of age at one time. 77 million babies were born from 1946 - 1964.
The baby boomers have had a lasting economic, cultural, demographic, and political impact across America. Their generation is aging, starting to retire, and leaving a profound change across the landscape of our country. The population of the Baby Boomer Generation is about to be dwarfed by their offspring, The Echo Boomers. The Echo Boomers are 80 million strong having been born from 1982 - 1995.
A lot of people are not aware of the Echo Boomers because they have not made a major economic impact on society yet because of their age. This is changing! The Echo Boomers are starting to get into the work force, others are still in college and in grade school. Once they start making a major impact on society is when you will hear more of this generational term.
Everyone knows of the housing boom that was created after WWII, well ladies and gentleman, the Echo Boomers will have a major impact on real estate as well. Over the next 20-25 years there is going to be a major real estate build out across the country. Not only will the Echo Boomers live in these homes but immigrants from foreign countries will continue to migrate needing housing. America's population is constantly increasing.
Real Estate Investing will be abundant for those who are taking advantage of this long-term wealth building investment. Not everyone will have the ability to buy so they will rent apartments and homes providing more opportunities for investors. Now, if any, is the time to be a real estate investor.
Baby Boomers are retiring, moving to different parts of the country requiring more housing. The Phoenix, AZ area alone is expected to double in population over the next 20 years. The Echo Boomers will be buying or renting housing left behind by the Baby Boom Generation.
I first heard of the Echo Boomer Generation more than 2 years ago through Nouveau Riche's Income opportunity briefing. In order be a successful businessman or business woman, you need to stay on top of the news that will affect your business. Jim Piccolo, President/CEO of Nouveau Riche is a MASTER at this. He provides the necessary information and education for his students to succeed and live the lifestyle they want if they take action.
To read more about the Echo Boomer Generation, here is a link to a 60 Minutes story about this up and coming generation.
http://www.cbsnews.com/stories/2004/10/01/60minutes/main646890.shtml
Are you ready to take advantage investing in the safest and most profitable investment in the history of business and finance? Contact me so we can discuss our opportunity!
Happy Investing!
Tony
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