Tuesday, May 17, 2016
Real Estate Experts: How Demographics Affect Properties for Sale
"What drives the returns of housing? Much of the dynamics of property prices can be thoroughly explained by basics such as demographic change. In London for example, smart investment means accounting for numerous factors from how interest rates could affect demand for property investments in the future to analysing the current market trends in buying and selling. How Is Housing Affected by Demographics? Demographics are certainly changing: Unemployed Generation Y, the aging Boomers, and the generation sandwiched between childcare and eldercare affect housing drastically. The key variables governing the supply of new housing include the cost of construction materials used, the prices, cost of financing, the land, and the housing stock. The age distribution is the most basic demographic factor. Ideally, areas with a high population are great spots for buying investment property.