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Évolutions démographiques et marché de l'immobilier neuf

Author

Listed:
  • Hippolyte d'Albis

    (PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Elodie Djemaï

    (DIAL - Développement, institutions et analyses de long terme, LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres)

Abstract

Using household survey data from the "Enquêtes Logement" collected from 1973to 2013, this article studies the effects of demography on the new-build housing marketdynamics in France, as well as in the Paris Region, Provence-Alpes-Côte d'Azur, and incoastal regions and in landlocked regions. After computing how frequently individuals buy a new-build house for their primary residence by age, the effects of behavioral changes and demographic changes (population size and age structure) on the market dynamics are evaluated. The article analyzes the impact of population ageing and provides projections on the needs for home construction by 2060. Results suggest that while the changes in population size are in favor of acquisitions all the period long, the age structure becomes an adverse factor from the beginning of the nineties onwards. The decomposition shows that these effects are region-specific.

Suggested Citation

  • Hippolyte d'Albis & Elodie Djemaï, 2018. "Évolutions démographiques et marché de l'immobilier neuf," PSE-Ecole d'économie de Paris (Postprint) hal-01707053, HAL.
  • Handle: RePEc:hal:pseptp:hal-01707053
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    2. d'Albis, Hippolyte & Badji, Ikpidi & El Mekkaoui, Najat & Navaux, Julien, 2020. "Private asset income in France: Is there a breakdown of intergenerational equity between 1979 and 2011?," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    3. Hippolyte d’Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "International Migration and Regional Housing Markets: Evidence from France," International Regional Science Review, , vol. 42(2), pages 147-180, March.

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    Keywords

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    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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