Real Estate Management and Valuation (2015-02-01)

Selected Demographic Aspects of Buyers’ Activity on the Local Housing Market

  • Foryś Iwona

DOI
https://doi.org/10.2478/remav-2014-0040
Journal volume & issue
Vol. 22, no. 4
pp. 92 – 104

Abstract

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Demographic factors next to economic, political and legal ones, are important elements determining the development of the housing market. The analysis of the age structure of the population and of the dynamics of change shows that the population of baby boomers in the age group that is actively entering the labor market and becoming independent is a stimulant for the development of the housing market. Individuals who are gaining economic independence generate new needs and, with appropriate financial resources, also future demand for their own accommodation.

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