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Household and Living Arrangement ProjectionsHousehold Housing Demand Projections for Hebei Province of China

Household and Living Arrangement Projections: Household Housing Demand Projections for Hebei... [Chapter 15 presented households and housing demand projections in rural and urban areas of Hebei, a province with 72 million residents and a median level of socioeconomic development in China, using the most recent census and other data and the ProFamy extended cohort-component model. The results showed that, due to changes in household and population structure, demand for both owned housing and rental housing for elders aged 65+ will grow dramatically, but housing demand will decline for young people aged less than 35. One-person households will have the largest growth in demand for 1–2 room owned-housing; one-couple households will have the largest growth in demand for 3–4 room owned-housing. Demand for larger housing units for three-generation households will go down. Based on our analysis, we discussed some relevant policy considerations such as “dual-apartment” housing for elderly parents neighboring directly with their children, which may result in a win-win outcome for both generations in facing the serious challenges of population and household aging.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Household and Living Arrangement ProjectionsHousehold Housing Demand Projections for Hebei Province of China

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References (18)

Publisher
Springer Netherlands
Copyright
© Springer Science+Business Media Dordrecht 2014
ISBN
978-90-481-8905-2
Pages
263 –279
DOI
10.1007/978-90-481-8906-9_15
Publisher site
See Chapter on Publisher Site

Abstract

[Chapter 15 presented households and housing demand projections in rural and urban areas of Hebei, a province with 72 million residents and a median level of socioeconomic development in China, using the most recent census and other data and the ProFamy extended cohort-component model. The results showed that, due to changes in household and population structure, demand for both owned housing and rental housing for elders aged 65+ will grow dramatically, but housing demand will decline for young people aged less than 35. One-person households will have the largest growth in demand for 1–2 room owned-housing; one-couple households will have the largest growth in demand for 3–4 room owned-housing. Demand for larger housing units for three-generation households will go down. Based on our analysis, we discussed some relevant policy considerations such as “dual-apartment” housing for elderly parents neighboring directly with their children, which may result in a win-win outcome for both generations in facing the serious challenges of population and household aging.]

Published: Sep 14, 2013

Keywords: Real Estate; Housing Unit; Hebei Province; Divorce Rate; Household Type

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