Housing Preferences in Various Stages of the Human Life Cycle

AbstractCustomer preferences on the real estate market have been a topic of scientific research for decades. Recently, a lot of attention has been given to the issue of housing attitudes and needs of chosen groups of buyers. Among them, a particular increase in interest in real estate meeting the needs of the elderly and young buyers has been observed. However, Polish literature lacks a holistic analysis of consumer preferences through their entire lives.The article recognizes the phenomenon of the changing preferences of potential real estate buyers depending on their current stage of life. All the age groups for a representative quota sample of Poznan citizens were asked to assess the importance of real estate cost factors. This allowed the housing attitudes of potential participants of the real estate market to be reconstructed in view of the changes in their adult lives. The conclusions drawn from the research might be useful for both academic discourse, and for practical application on the real estate market.

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Compensation in Residential Real Estate Purchasers’ Decisions

Real Estate Management and Valuation ◽

10.1515/remav-2016-0031 ◽

2016 ◽

Vol 24 (4) ◽

pp. 70-78 ◽

Cited By ~ 1

Author(s):

Alina Źróbek-Różańska

Keyword(s):

Decision Making ◽

Real Estate ◽

Age Groups ◽

Real Estate Market ◽

Single Family ◽

Residential Real Estate ◽

The Real ◽

The Real Estate ◽

Compensation Process ◽

The Real Estate Market

Abstract Predicting demand on the residential real estate market and the behavior of the purchasers requires a wide knowledge of both the economic mechanisms and psychology of decision-making. Decisions on the real estate market are often made by people without professional skills, and using simplified strategies. However, the decision-making process, on top of its heuristic nature, is dynamic and changing. As a result, a discrepancy in the preferred characteristics of planned and actually bought real estate can be observed. Such a discrepancy can be explained with the occurrence of the compensation process. The aim of this article was to recognize and describe the compensation process on the example of the suburban residential real estate market. The aim was achieved by analyzing the preferences of potential buyers in terms of particular characteristics of the location of suburban plots destined for single-family housing (respondents divided into age groups: 25 and 26-40), analyzing the real settlement trend in the suburban zone (the result of actual transactions) and comparing the results, including compensation.

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Statement of the Main Challenges of the Real Estate Market in China

Advanced Materials Research ◽

10.4028/www.scientific.net/amr.1079-1080.1199 ◽

2014 ◽

Vol 1079-1080 ◽

pp. 1199-1202

Author(s):

Cheng Fan ◽

Pei Chang ◽

Ru Hua Xie

Keyword(s):

Family Planning ◽

Real Estate ◽

The Elderly ◽

Developed Countries ◽

Real Estate Market ◽

Chinese Family ◽

Urbanization Process ◽

The Real ◽

The Real Estate ◽

The Real Estate Market

As a component of market economy, real estate is running and developing in the environment of politics, society, finance and internation. The most important influencing factors of the present Chinese real estate industry are national policy, population, urbanization level and the income of the residents. The most direct factor which influence the real estate market transaction is the change of Chinese population structure since family planning. This paper elaborates mainly through the search for an aging population present situation and challenge of the urbanization process to the real estate market. It is concluded that less than 30years, the effective implement of Chinese “family planning” is completed an average of 80 years of aging process in the developed countries, the urbanization process will also continue to push forward in the future. However, because of the influence of demographic dividend to weaken, the speed will be slowed. Finally five suggestions were given from five aspects on the elderly physiological psychological characteristics, design, production, structure and sales of real estate, based on the new demographic factors challenge of the current Chinese regional real estate.

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