Effect of an increase in longevity on housing prices: Evidence from a panel data

Sun, Tianyu and Chand, Satish and Sharpe, Keiran (2018): Effect of an increase in longevity on housing prices: Evidence from a panel data.

Abstract

We test the effect of an increase in longevity on housing prices. The results show that workers and retirees react differently towards the impact of longer lifespans, and thus the housing price is influenced by the relative weight of the retirees vis-à-vis workers in the total population.

• Item Type: MPRA Paper
• Language: English
• Keywords: Longevity, Housing prices, Semi-parametric analysis
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R2 - Household Analysis > R21 - Housing Demand

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