Even in nations like Japan/China/Germany, their populations are still urbanizing. That's the reason why Tokyo's population is increasing even while Japan's demographics are hollowing out. I wouldn't expect urban growth to slow much because of the baby boomers.The more I read about it the more worried I get. We're much better off than Japan or China, but it's still going to be a pretty big drag. I'm thinking growth will be pretty elusive over the next 20 years.
Does anybody have a reality check? Am I worrying about nothing?
Rather, small towns, rural areas, and other places who have lost a disproportionate amount of their young people (maybe some rust belt states?) will bear the brunt of demographic decline.