Video description from @alanweeproperty
An Aging Population - And Its Impact on Property Prices
I got this inspiration from one of my YouTube members who shared his concern about an aging population in the housing market. This is coincidently after the Department of Statistics published a report on the Singapore population. Let us further explore the impact of an aging population on property prices. Which segment will benefit and which segment will be the most affected?
Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
https://profile.propnex.com/R024730A
www.AlanWeeProperty.com
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Resources:
Agency for Integrated Care: www.aic.sg
References:
https://www.businesstimes.com.sg/property/singapore-property-may-face-ageing-threat
The dynamic effect of population ageing on house prices: evidence from Korea: Pacific Rim Property Research Journal: Vol 23 , No 2 - Get Access (tandfonline.com)
https://scholarbank.nus.edu.sg/handle/10635/220873#:~:text=The%20findings%20have%20shown%20that,net%20price%20decline%20of%204.62%25.
https://www.straitstimes.com/singapore/housing/most-older-buyers-of-two-room-flexi-flats-pick-shorter-lease-of-30-to-45-years-hdb#:~:text=SINGAPORE%20%2D%20The%20vast%20majority%20of,an%20update%20on%20Sept%2027.
https://www.straitstimes.com/singapore/for-those-who-are-an-only-child-no-one-shares-the-load-when-mum-and-dad-get-sick
https://www.singstat.gov.sg/