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Real Estate for the Ageing Society – the Perspective of a New Market

Real Estate for the Ageing Society – the Perspective of a New Market AbstractCurrently, one of the key challenges on a global scale is the issue of an ageing society. The UN predicts that the number of people aged 60 and over will double by 2050 and treble by 2100. In the coming years, the demand for real estate that addresses the specific needs of older people will increase both qualitatively and quantitatively. Therefore, two main questions arise: What are the architectural features of real estate required to accommodate for the needs of an ageing society? Which European Union countries seem to have the highest and lowest potential to create a segment of the real estate market focused on older people? This paper contains a research overview in the field of the built environment for older people and case studies of different policies established by public authorities from past decades. The potential for real estate for an ageing society in EU countries was determined on the basis of variables collected by the UNECE. The results also enable assumptions to be made on which factors may influence future development in this area. Due to global climate changes combined with the urbanization process and resulting deterioration of air quality, heat island effect or poor accessibility to open areas, the ageing society will have to face the problem of adapting to these new conditions. Therefore, the authors assume that this will have a significant impact on the relocation of this age group on the real estate market in the future. The conclusions of the research contribute to general discussion on new trends in the real estate market and the assessment of future investments in real estate. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Real Estate Management and Valuation de Gruyter

Real Estate for the Ageing Society – the Perspective of a New Market

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Publisher
de Gruyter
Copyright
© 2017 Jan Kazak et al., published by De Gruyter Open
ISSN
1733-2478
eISSN
2300-5289
DOI
10.1515/remav-2017-0026
Publisher site
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Abstract

AbstractCurrently, one of the key challenges on a global scale is the issue of an ageing society. The UN predicts that the number of people aged 60 and over will double by 2050 and treble by 2100. In the coming years, the demand for real estate that addresses the specific needs of older people will increase both qualitatively and quantitatively. Therefore, two main questions arise: What are the architectural features of real estate required to accommodate for the needs of an ageing society? Which European Union countries seem to have the highest and lowest potential to create a segment of the real estate market focused on older people? This paper contains a research overview in the field of the built environment for older people and case studies of different policies established by public authorities from past decades. The potential for real estate for an ageing society in EU countries was determined on the basis of variables collected by the UNECE. The results also enable assumptions to be made on which factors may influence future development in this area. Due to global climate changes combined with the urbanization process and resulting deterioration of air quality, heat island effect or poor accessibility to open areas, the ageing society will have to face the problem of adapting to these new conditions. Therefore, the authors assume that this will have a significant impact on the relocation of this age group on the real estate market in the future. The conclusions of the research contribute to general discussion on new trends in the real estate market and the assessment of future investments in real estate.

Journal

Real Estate Management and Valuation – de Gruyter

Published: Dec 1, 2017

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    DemirisG
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    CodinhotoR
  • Gentrification on the Example of Suburban Parts of the Szczecin Urban Agglomeration Real Estate Management and Valuation Vol No pp
    ForyśI
  • vanHoofJ Ageing in Place the Integrated Design of Housing Facilities for People with Dementia Dissertation Eindhoven University of Technology Eindhoven the
    Netherlands
  • Examining the Distribution of the Elderly and Accessibility to Essential Services Social and Behavioral
    SomenahalliS
  • Real Estate Market Segmentation Hotels as Exemplar The of and in press
    BerachaE
  • Caring for Our Own Care Experiences of Rural Hispanic of
    MagilvyJ
  • Older Adults ' Quality of Life Exploring the Role of the Built environment and Social Cohesion in Community - Dwelling Seniors on Low Income pp
    EngelL
  • Some Considerations Regarding the International Real Estate Market Present and Future Predictions No pp
    AnghelI
  • Real Estate Building the Future available online at www pwc com realestate
  • Chapter Interaction Between Diet and Physical Activity in Older People Monique In eds Food for the Second Publishing
    BealsJ
  • Chapter Market in An Introduction to Real Estate
    GlickmanE
  • Neighborhood Safety Factors Associated with Older Adults Related Outcomes Systematic Literature pp
    WonJ
  • Physical Activity : Relationship to Quality of Life and Memory in Older People
    AlbuquerqueA
  • vanHoofJ The Architectural Factors Influencing the Sense of Home in Nursing Homes : An Operationalization for Practice of Architectural Research
    EijkelenboomA
  • vanHoofJ The Integrated and Evidence - Based Design of Healthcare Environments Architectural and Management
    RuttenP
  • vanHoofJ The Integrated and Evidence - Based Design of Healthcare Environments Architectural and Management
    RuttenP
  • Factors and Environmental Support in Alzheimer s Disease Supplement
    CharnessN
  • vanHoofJ vanWaardeH Environmental Interventions and the Design of Homes for Older Adults with an Overview of Alzheimer s Disease and Other pp
    KortH
  • Adults with Chronic Health Conditions or Impairments Face Significant Barriers to Accessing Services
    AllertonL
  • Physical Activity : Relationship to Quality of Life and Memory in Older People
    AlbuquerqueA
  • vanHoofJ eds Handbook of Smart Homes Care and Well - Being International Publishing
    DemirisG
  • vanHoofJ Designing a Think - Along Dwelling for People with Co - Creation Project Between Health Care and the Building Services Sector of Housing for the Elderly
    BlomM
  • YuK Residential Mobility in pp
    HuiE
  • en wonen voor kwetsbare ouderen Rapportage ouderen Care and Living for Frail Older Adults Report Older Adults The Netherlands Institute for The The in
    KlerkMMY
  • Structural Equation Model of the Relation Between Socioeconomic Status Physical Activity Level Independence and Health Status in Older Iranian People of and
    Mosallanezhad
  • The Perception of the Values of Urban Space by Senior Citizens of Valparaiso of pp
    FaddaG
  • belasting van familieleden van dementerenden Dissertation Katholieke Nijmegen Nijmegen The in
    DuijnsteeMSH
  • Neighborhood Safety Factors Associated with Older Adults Related Outcomes Systematic Literature pp
    WonJ
  • autonomie en geborgenheid Dementerende ouderen en hun omgeving ( Between Autonomy and Older People with Dementia and Their Garant The in
    RommelW
  • How Integrated are Real Estate Markets with the World Market ? Evidence from Case - Wise Bootstrap Modelling No pp
    Hatemi
  • An Integrative Review of Physical Activity / Exercise Intervention Effects on Function and Health - Related Quality of Life in Older Adults with Heart Failure
    FloegelT
  • en wonen voor kwetsbare ouderen Rapportage ouderen Care and Living for Frail Older Adults Report Older Adults The Netherlands Institute for The The in
    KlerkMMY
  • Some Considerations Regarding the International Real Estate Market Present and Future Predictions No pp
    AnghelI
  • Spatial - Temporal Diversification of Poverty in
    ŚwiąderM
  • YuK Residential Mobility in pp
    HuiE
  • Active Ageing Index Analytical Report Report prepared by Asghar Zaidi of Centre for Research on Ageing University of Southampton and under contract with United Nations Economic Commission for Europe co - funded by European Commission s Directorate General
    UNECE
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    Ursulica
  • Healthcare System and the Wealth Gradient Comparative Study of Older Populations in Six Countries
    MaskileysonD
  • OECD Ageing in OECD Publishing available online and regional development
    Paris
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    GurdgievC
  • Cross - Sectional Survey of the Access of Older People in the Scottish Highlands to General Medical Practices , Community Pharmacies and Prescription Medicines Research in Social and Administrative Pharmacy [ in press
    RushworthG
  • vergeten Knowing About Forgetting Utrecht The in
    BlomM
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    KłusekM
  • Real Estate Market Segmentation for Chosen Ground Immobility of Urban - Rural Municipalities District of Krakow Infrastructure and Ecology of Rural Areas No pp
    FrukaczM
  • How Integrated are Real Estate Markets with the World Market ? Evidence from Case - Wise Bootstrap Modelling No pp
    Hatemi
  • Examining the Distribution of the Elderly and Accessibility to Essential Services Social and Behavioral
    SomenahalliS
  • of a Protocol for the Assessment of Assistive Aids for People with pp
    HagenI
  • Disability and Role of the Basic Liivelihood Security System on Health Services Utilization Among the Elderly in South Korea pp
    JeonB
  • An Integrative Review of Physical Activity / Exercise Intervention Effects on Function and Health - Related Quality of Life in Older Adults with Heart Failure
    FloegelT
  • Real Estate Market Segmentation Hotels as Exemplar The of and in press
    BerachaE
  • vanHoofJ waardeH Housing and Care for Older Adults with Perspective of Housing and the Built Environment
    KortH
  • Creating Caring Environments Alzheimer s Care
    BrawleyE
  • The Influences of and Economic Growth on Chinese Rural of
    ChenJ
  • The Impact of the Polish Administrative Reform on the Central Functions of Lower Silesian Economic Development and Management of Regions
    PrzybyłaK
  • The Influences of and Economic Growth on Chinese Rural of
    ChenJ
  • vanHoofJ Ageing in Place the Integrated Design of Housing Facilities for People with Dementia Dissertation Eindhoven University of Technology Eindhoven the
    Netherlands
  • Neighbourhood Environment and Positive Mental Health in Older People : The Hertfordshire Cohort Study
    GaleC
  • Employment An Opportunity for Social and Behavioral
    SmaliukieneR
  • Second World Assembly on Ageing Political Declaration and Madrid International Plan of Action on Ageing
    UnitedNations
  • OECD Ageing in OECD Publishing available online and regional development
    Paris
  • Chapter Interaction Between Diet and Physical Activity in Older People Monique In eds Food for the Second Publishing
    BealsJ
  • The Impacts of the Built Environment on Outcomes Facilities
    CodinhotoR
  • Territorial Tensions Management and Community Perspectives on Health Services for Older People in Remote Rural Areas
    FarmerJ
  • Older Adults ' Quality of Life Exploring the Role of the Built environment and Social Cohesion in Community - Dwelling Seniors on Low Income pp
    EngelL
  • Neighborhood Active place
    MichaelY
  • vanHoofJ waardeH Housing and Care for Older Adults with Perspective of Housing and the Built Environment
    KortH
  • gospodarce rynkowej Real Estate on a Economy Market naukowe
    Kucharska