1. Home
  2. Studies
  3. The Significance of the Future Cohort Effect on the Consumption of Housing
Philipp Deschermeier / Ralph Henger IW-Trends No. 3 1. July 2015 The Significance of the Future Cohort Effect on the Consumption of Housing
Download PDF
The Significance of the Future Cohort Effect on the Consumption of Housing
Philipp Deschermeier / Ralph Henger IW-Trends No. 3 1. July 2015

The Significance of the Future Cohort Effect on the Consumption of Housing

IW-Trends

Download PDF

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

Demographic transition is causing a macroeconomic structural change which also affects the housing markets, since the number, structure and migration of sections of the population directly determine the demand for housing. A key driver of the demand for residential floor space is the so-called cohort effect, which shows how housing consumption increases from generation to generation. With the help of a time series model a forecast is made of age-related residential floor space per person in Germany up to the year 2030. The results show that the cohort effect, at almost 0.6 per cent per annum, will continue to have a positive effect on housing consumption for the next few years. By contrast, the age distribution effect only increases per capita housing consumption by an annual 0.2 per cent. Total German residential floor space per person will thus rise from 46.2 square metres in 2013 to 51.5 square metres in 2030.

Download PDF
The Significance of the Future Cohort Effect on the Consumption of Housing
Philipp Deschermeier / Ralph Henger IW-Trends No. 3 1. July 2015

Philipp Deschermeier / Ralph Henger: Die Bedeutung des zukünftigen Kohorteneffekts auf den Wohnflächenkonsum

IW-Trends

Download PDF

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Pekka Sagner / Michael Voigtländer in International Journal of Housing Policy External Publication 6. May 2022

Supply side effects of the Berlin rent freeze

On 23 February 2020, the Berlin Senate introduced the Berlin rent freeze (‘Mietendeckel’). The law was repealed on 25 March 2021. The Berlin rent freeze was an unprecedented market intervention in the German housing market.

IW

Read the article
Pekka Sagner / Michael Voigtländer IW-Trends No. 3 20. August 2021

How the Berlin Rent Cap Affected Private Landlords

The effects of the Berlin rent cap on the city’s housing market were wide-reaching, with the supply of rental accommodation falling by more than half while the cap was in force.

IW

More about this topic

Content element with id 8880 Content element with id 9713