This fact, of delayed and pent up economic maturity in a group larger than baby boomers is an enormously important macroeconomic fact. It bodes well for future economic growth moving forward. Not just in housing but through the entire economy. Millenials will have the same economic desires as all recent American generations have had, but theirs have been largely delayed.
It is a very positive demographic trend for longer term economic growth if we don’t do something stupid to stifle it.
As investors it is of course very positive news.
Tinker