Daniele DiMartino Booth is the CEO of Qi Research and previously an advisor to the President of the Dallas Federal Reserve. She is wrong in her 2nd sentence. She has an MS in Journalism and an MBA.
Sadly this is seen every day on X to the point that social media has become worthless at best and dangerous at worst.
The “Baby boom” grew up in their parents’ generation homes. Their parents’ generation – the Silent Generation – had homes with an average of 3.1-3.3 children in the 50s and 60s (fertility rate peaked in 1957-1959 depending on estimates) – peaking at an average of 3.6.
The Baby Boom, as they became adults, had their own families in the 1970s and 1980s, they had an average of 2.0 children. The first half of the Baby Boom had 2.1 children of their own, per home, and the 2nd half 1.9 per home, similar to Gen X (also 1.9) and Millennials which are tracking towards 1.8 to 1.9.
The older generation has already been living in smaller homes, on average, because (a) they bought before we supersized the housing stock, or (b) many do move and downsize when they retire, often to be closer to family or nicer weather.
