Demographic change and house prices: Headwind or tailwind?

被引：10
|
作者：
Jaeger, Philipp [1 ,2 ]
Schmidt, Torsten [1 ]
机构：
[1] RWI, Hohenzollernstr 1-3, D-45128 Essen, Germany
[2] Ruhr Univ Bochum, Bochum, Germany
来源：
ECONOMICS LETTERS | 2017年 / 160卷
关键词：
Demographic transition; Population aging; House prices; RATES;
D O I：
10.1016/j.econlet.2017.09.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a cross-country dataset for 13 developed economies spanning from 1950 to 2012, we argue that the overall effect of the demographic transition on house prices has been negative. Extrapolating the historical relationship into the future, demographic downward pressure on house prices is likely to intensify. (C) 2017 Elsevier B.V. All rights reserved.
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页码：82 / 85
页数：4
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