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Arthur C. Nelson
Metropolitan Institute
Virginia Tech, November  2007

Most American states and metropolitan areas have some idea as to the amount of growth they expect over the next several decades, based on estimates of projected demographic, household, market and industry trends. These estimates form the foundation of public policies and are vital for use in goal setting, planning, and implementation of a variety of growth and development strategies. This paper examines a series of projected trends to determine the estimated demand for new housing, commercial, and industrial space over the next half century.

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