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Demographic Outlook and the Implications for Real Estate Markets

In: Understanding German Real Estate Markets

Author

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  • Tobias Just

    (Deutsche Bank)

Abstract

The fertility rate in Germany has been very low for 40 years at more or less 1.4 children per woman. In the past the resulting deficit of births could be offset with immigration, but this will become increasingly difficult in future on account of the natural population change continuing to decline. The population in Germany has already been shrinking since 2003 by roughly 700,000 people and demographers expect that the coming decades will bring more contractions and a marked ageing of society. This chapter will outline the most important demographic trends for Germany as well as the regional differences in order to discern the most important implications for real estate markets.

Suggested Citation

  • Tobias Just, 2012. "Demographic Outlook and the Implications for Real Estate Markets," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 27-41, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_3
    DOI: 10.1007/978-3-642-23611-2_3
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    Cited by:

    1. Oliver W. Lerbs, 2014. "House prices, housing development costs, and the supply of new single-family housing in German counties and cities," Journal of Property Research, Taylor & Francis Journals, vol. 31(3), pages 183-210, September.
    2. Oliver Lerbs, "undated". "House Prices, Housing Development Costs, and the Supply of New Single-Family Housing in German Counties and Cities," Working Papers 201283, Institute of Spatial and Housing Economics, Munster Universitary.
    3. Lerbs, Oliver W., 2012. "House prices, housing development costs, and the supply of new single-family housing in German counties and cities," CAWM Discussion Papers 57, University of Münster, Münster Center for Economic Policy (MEP).

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