Fetched: July 16th, 2008, 5:30am CEST
The predominant development in 2008 is not growth, but decline - the fallout from the downturn in the housing market. There are still areas of growth, pockets of prosperity to report; however, there are few areas untouched by the decline of the housing market and the ensuing credit crunch. ESRI's chief demographer, Lynn Wombold, takes a close look at the current housing situation in the context of demographic factors.