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Potential Demand of Primary Dwellings

Author

Listed:
  • María de los Llanos Matea

    (Banco de España)

Abstract

The paper uses the headship rate method to draw up various scenarios of net household formation and, by extension, of the demand for primary dwellings in Spain to 2029. INE’s Household Projection is taken as a baseline scenario and different scenarios are prepared, under different assumptions about the pace of household formation and immigrant inflows. All the scenarios present a potential demand for dwellings far removed from the figure of 427,000 recorded between 2002 and 2008, placing the range between 63,000 and 236,000 dwellings per year.

Suggested Citation

  • María de los Llanos Matea, 2015. "Potential Demand of Primary Dwellings," Occasional Papers 1504, Banco de España.
    • Handle: RePEc:bde:opaper:1504
    as

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    File URL: http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/15/Fich/do1504.pdf
    File Function: First version, November 2015
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    More about this item

    Keywords

    potential demand of primary dwellings; demographic projections; households; headship rate method.;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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