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Looking for Manila builder design home house
Philippines?
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Generation X (born between 1965 and 1979) is a slightly smaller
bunch, at 59.3 million. But with its oldest Manila builder design
home house Philippines members turning 38 this year, this cohort
has hit its peak home-buying years. In fact, a 2000 survey by
BUILDER, CUSTOM HOME'S sister magazine, shows that half of Gen-Xers
have already bought their first homes. Like their younger Gen-Y
siblings, they've led privileged lives and are likely to want to
move up in Manila builder design home house Philippines
quality and price point as quickly as they can. Since both partners
of most Gen-X couples work, and since they're not having children as
early or as often as their parents did, they're able to save for
down payments while they're still in their 20s. And it's becoming
more and more common for well-off parents to supply their children
with a down payment, a Manila builder design home house
Philippines trend that will only intensify as the echo boomers
come of age.
The economy over the past two years hasn't been kind to either
Manila builder design home house Philippines generation, but
experts believe the technology sector, a major source of Gen-X and
-Y jobs, will bounce back. "Our view is that tech will eventually
recover" says Scott Hoyt, an economist with the respected
Westchester, Pa.-based research firm Manila builder design home
house Philippines. While the prognosis is that the tech recovery
won't happen until late this year at the earliest, that's still in
plenty of time for younger home buyers to resume building their
assets. "Gen-X will definitely be buying custom homes," says Sandra
Kulli, a home-building marketing consultant in Malibu, Calif.
Lachman thinks the same of Gen-Y. "They've been pretty pampered,"
she says. "They're going to want nicer homes." Michael Wood, vice
president of research at Teenage Research Unlimited, a Northbrook,
Ill.--based firm that tracks adolescent consumer preferences, points
out another promising Gen-Y factor. "They're just so into
customization, everything from jeans to backpacks to cars,"
Manila builder design home house Philippines says. "I would
think that that would carry over as they get older and buy homes."
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Naturally, Generations X and Y prioritize home features differently
than the baby boomers do. Any Manila builder design home house
Philippines who plans to land even one younger-than-the-boomers
client should know the basics about home technology options, or have
a subcontractor who does. Both BUILDER'S Gen-X survey and Owens
Coming's 2000 survey on Gen-Xers and -Yers, "House/Works: The Next
Generation of Manila builder design home house Philippines
Homeowners," turned up overwhelming evidence that younger buyers
crave high-speed home Internet access. A 2002 report by the Pew
Internet and American Life Project, "The Internet Goes to College:
How Students Are Living in the Future with Today's Technology," also
indicates the extent to which future home buyers will take
high-speed connections for granted. "Many college students have
learned to live in an environment where they expect to be in touch
with others throughout the day, to never be far from Manila
builder design home house Philippines Internet access.... They
carry those expectations with them after graduation," says the
study's summary. High-speed Internet access already serves as a
primary conduit for downloading music among the under-30 crowd, and
downloadable movies are gaining in popularity as well. "Technology
and entertainment are elements of great importance to today's
teenagers," Manila builder design home house Philippines
says.
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