Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2017 | vol. 13, iss. 3 | 333--346
Tytuł artykułu

Demographic Structure and Housing Prices: East Asia and Europe

Warianty tytułu
Języki publikacji
The recent booms in the global housing markets have been suspected to be bubbles owing to the weak economic circumstances after the 2008 financial crisis. While the behavioral economics stresses the role of irrational human psychology in the housing market, this study focuses on the demographic factors which can determine the scope of the housing demand. Simple plotting of some demographic categories shows that ages between 15 and 64(working age population) as well as between 40 and 59 have similar trends to the housing price indices in representative countries in Europe and East Asia, UK, France, Germany, China, Japan and Korea.(original abstract)
Opis fizyczny
  • Daegu University, Korea (South)
  • Bank for International Settlements (2015). Detailed data set on nominal residential property prices.
  • Dent, H. S. (2014). The demographic cliff: How to survive and prosper during the Great Deflation of 2014-2019. New York: Portfolio/Pengiun.
  • INSEE (2015). L'Institut national de la statistique et des études économiques [The French National Institute of Statistics and Economic Studies].
  • KB Kookmin Bank (2017). Real estate Statistics in Korea.
  • Mankiw, N. G., & Weil, D. N. (1989). The baby boom, the baby bust, and the housing market. Regional science and urban economics, 19(2), 235-258.
  • National Bureau of Statistics of the PRC. (2015).
  • Shiller, R. J. (2005). Irrational exuberance (2nd ed.). Princeton, N.J.: Princeton University Press.
  • Shiller, R. J. (2008). The subprime solution: How today's global financial crisis happened and what to do about it. Princeton, N. J.: Princeton University Press.
  • Statista GmbH (2015). Das Statistik-Portal [Portal of Statistics].
  • The Telegraph (2016) "House price affordability in London reaches a new low", 2016.11.25,
  • UBS (2016). UBS Global Real Estate Bubble Index. UBS Chief Investment Office WM's investment views.
  • UK Land Registry (2015). UK House Price Index. Guidance. publications/about-the-uk-house-price-index
  • WPP (2015). World Population Prospects (WPP). Population Division of the Department of Economic and Social Affairs of the United Nations Secretariat. UN.
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.