Date Published:
Dec 10, 2024
Code:
DP 2024-26

This study examines how demographic changes lead to different household structures and housing choices among various age groups. It argues that the cointegration of demography, the housing market, and wealth has shaped housing demand in the country over time. The results have important, often unrecognized implications for housing policy. Estimating housing needs without a contextual analysis of household formation can be misleading; thus, the government must connect demographic changes to housing demand to ensure the correct policy framework is established that balances the needs of the productive sector with those of the growing elderly population in terms of housing consumption.

Comments on this paper are welcome within 60 days from the date of posting. Email publications@pids.gov.ph.

Citations

This publication has been cited 1 time

In the Media
  1. Ogerio, Bless Aubrey. 2024. PIDS: Changes in family structure reshaping housing demand in PHL. BusinessMirror.


Main Menu

Secondary Menu