Facing an aging population, many societies discuss policies to prolong work lives. At the individual level, such policies could affect social connectedness in several ways. On the one hand, prolonged work lives could promote a healthier social life at advanced ages by maintaining job-related networks for longer. On the other hand, retirement might boost quantity and quality of social networks by...
Demographic projections for Germany indicate a drop in the population of many regions by 2030. This is likely to have an impact on the real estate market. Our report presents the result of a model calculation of asking prices for residential real estate in Germany up to 2030 based on market data from empirica-systeme GmbH and a population projection from the Bertelsmann Foundation. Depending on the ...
Although the housing prices in the 127 largest German cities have surged strongly in recent years, there is still no sign of a Germanywide housing bubble. In comparison with 2009, the price of condominiums has risen by around 55 percent. Single-family houses cost between 38 and 45 percent more in 2016 than seven years prior, and building lot prices have risen by around 63 percent. The study at hand ...
Mr. Grabka, you have studied the effects of the demographic shift on residential real estate prices in Germany. What does population growth in the coming decades look like? We based our work on the population forecast coordinated by the German Federal Statistical Office (Statistisches Bundesamt), which currently extends to 2060. According to that projection, the population of Germany will shrink by ...
