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Low Fertility and the Housing Market: Evidence from Swedish Regional Data
[Basse Fécondité et Marché du Logement: Une Analyse de Données Régionales Suédoises]

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  • Bo Malmberg

    (Stockholm University)

Abstract

The long-term effect of low birth rates is a decline in the population share of children and young adults. How will such changes in age structure affect the housing market? In this article, panel data sets for Swedish municipalities from 1981 to 2006 are used to answer this question. The use of panel data makes it possible to control for the effect of national-level policy shifts and macroeconomic events through the introduction of fixed time effects. The results show that population aging could lead to less rapid house price growth in the first decades of the twenty first century, compared to the last decades of the twentieth century. These results also hold when local population growth, income growth, and educational levels are controlled for.

Suggested Citation

  • Bo Malmberg, 2010. "Low Fertility and the Housing Market: Evidence from Swedish Regional Data [Basse Fécondité et Marché du Logement: Une Analyse de Données Régionales Suédoises]," European Journal of Population, Springer;European Association for Population Studies, vol. 26(2), pages 229-244, May.
    • Handle: RePEc:spr:eurpop:v:26:y:2010:i:2:d:10.1007_s10680-009-9205-y
    DOI: 10.1007/s10680-009-9205-y
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    References listed on IDEAS

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    Cited by:

    1. Day, Creina & Guest, Ross, 2016. "Fertility and female wages: A new link via house prices," Economic Modelling, Elsevier, vol. 53(C), pages 121-132.
    2. Hill Kulu & Fiona Steele, 2013. "Interrelationships Between Childbearing and Housing Transitions in the Family Life Course," Demography, Springer;Population Association of America (PAA), vol. 50(5), pages 1687-1714, October.
    3. Bo Malmberg, 2012. "Fertility Cycles, Age Structure and Housing Demand," Scottish Journal of Political Economy, Scottish Economic Society, vol. 59(5), pages 467-482, November.
    4. David E. Bloom & Alfonso Sousa-Poza, 2010. "Introduction to Special Issue of the European Journal of Population: ‘Economic Consequences of Low Fertility in Europe’ [Introduction au numéro spécial de la Revue Européenne de Démographie: ‹ Cons," European Journal of Population, Springer;European Association for Population Studies, vol. 26(2), pages 127-139, May.
    5. Enström Öst, Cecilia & Wilhelmsson, Mats, 2019. "The long-term consequences of youth housing for childbearing and higher education," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 845-858.
    6. Pei-Syuan Lin & Chin-Oh Chang & Tien Foo Sing, 2016. "Do housing options affect child birth decisions? Evidence from Taiwan," Urban Studies, Urban Studies Journal Limited, vol. 53(16), pages 3527-3546, December.
    7. Creina Day & Ross S. Guest, 2014. "The Effect of Gender Wages and Working Age Populations on Fertility and House Prices," Crawford School Research Papers 1401, Crawford School of Public Policy, The Australian National University.
    8. Jennifer A. Holland, 2012. "Home and Where the Heart Is: Marriage Timing and Joint Home Purchase [Où se trouve le cœur, là est la maison: Calendrier du mariage et achat conjoint d’un logement]," European Journal of Population, Springer;European Association for Population Studies, vol. 28(1), pages 65-89, February.

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