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Perceptions of the Real Estate Market by Students Representing Generation Z: Housing Preferences and Investment Plans

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  • Konieczna Patrycja

    (Departament of Economics and Finance, Wroclaw University of Economics and Business, ul. Komandorska 118/120, 53-345 Wrocław, Poland)

Abstract

Representatives of Generation Z are characterized by a propensity for entrepreneurship, social awareness, interest in social, environmental, and political issues and ease of movement in the digital sphere. In the context of the real estate market, generation Z is becoming an important collective and understanding the preferences, expectations and behaviors of people representing this generation is crucial for the development industry, real estate agencies and investors. The aim of the study was to find out the housing and investment plans of people representing Generation Z. In addition, Generation Z’s knowledge of the real estate market was identified. A literature review on real estate and Generation Z was conducted. The survey showed sufficient knowledge of basic concepts related to the real estate market. The overwhelming majority of respondents believe that housing policy in Poland needs to be changed, and the most preferred direction of change was to reduce property prices. Attention was first and foremost paid to the price per square meter of real estate. Among the 90.1% of respondents who declared they would buy a property, more than 70% intend to finance the purchase in whole or in part with a mortgage.

Suggested Citation

  • Konieczna Patrycja, 2025. "Perceptions of the Real Estate Market by Students Representing Generation Z: Housing Preferences and Investment Plans," Real Estate Management and Valuation, Sciendo, vol. 33(1), pages 11-21.
    • Handle: RePEc:vrs:remava:v:33:y:2025:i:1:p:11-21:n:1002
    DOI: 10.2478/remav-2025-0002
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    References listed on IDEAS

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    1. Cesa-Bianchi, Ambrogio, 2013. "Housing cycles and macroeconomic fluctuations: A global perspective," Journal of International Money and Finance, Elsevier, vol. 37(C), pages 215-238.
    2. Gamber, William & Graham, James & Yadav, Anirudh, 2023. "Stuck at home: Housing demand during the COVID-19 pandemic," Journal of Housing Economics, Elsevier, vol. 59(PB).
    3. Liu, Sitian & Su, Yichen, 2021. "The impact of the COVID-19 pandemic on the demand for density: Evidence from the U.S. housing market," Economics Letters, Elsevier, vol. 207(C).
    4. Thomas Davidoff, 2013. "Supply Elasticity and the Housing Cycle of the 2000s," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 41(4), pages 793-813, December.
    5. J. Reid Cummings, 2022. "Jaguar Realty: A Bridge from Education to Practice for the Next Generation of Real Estate Professionals," Journal of Real Estate Practice and Education, Taylor & Francis Journals, vol. 24(1), pages 86-92, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • R39 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other

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