JLC · MAY 1988 Miscellany Builders and remodelers must know the housing market — who's buying, what's being bought, and why — and they must know how they can predict how long this market picture will persist. That's the word from Dan Paquette, a successful developer who spoke at the recent Advanced Residential Construction Conference in Cromwell, Connecticut. According to Paquette, he looks at four factors to help him predict what business he'll be into in the next five years, and to help him make some good guesses about the next ten: demographics, household formation and product type, labor markets, and migration patterns. What follows is a brief summary of his comments on these issues. Demographics and Household Formation: The American housing scene has gone through
