Demographic change and the housing market: evidence from a comparison of Scotland and England

R.E. Wright, E. J. Levin, A. Montagnoli

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34 Citations (Scopus)

Abstract

This paper examines the impact of demographic change on the housing market. More specifically, a difference-in-differences methodology is used to explore the effect of population decline and population ageing on house prices in Scotland and England/Wales. The analysis suggests that population decline and population ageing put downward pressure on prices. Therefore, the long-run trend of rising real house prices can not be assumed to continue into the future, particularly in Scotland.
Original languageEnglish
Pages (from-to)27-43
Number of pages17
JournalUrban Studies
Volume46
Issue number1
DOIs
Publication statusPublished - Jan 2009

Keywords

  • demographic change
  • housing
  • Scotland
  • England

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