atans1

Liberal immigration policies leads to higher property prices

In Economy, Property on 13/01/2012 at 5:39 am

No not PAP propoganda but a sober analysis by Deutsche Bank that looked at the relationship between demographics and house prices in Western economies.

An analysis by Ajay Kapur of Deutsche Bank shows this relationship is pretty robust. He finds a positive relationship between changes in the working age population ratio (15-64 year olds relative to the rest of the population) and residential property prices, real prices almost always rise when the working age ratio is improving. In contrast, real property prices fell in one in three years when the working age proportion was falling. This ratio is declining in many countries; indeed in some the absolute number of workers is set to fall.

http://www.economist.com/blogs/buttonwood/2012/01/housing-markets

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  1. CI

    Lunar New Year Greetings in advance.
    Thanks for thoughts, although may not agree for all, so a better Singapore for all.

  2. Hard to deduce anything meaningful from the paltry information provided in that article.

    “In contrast, real property prices fell in one in three years when the working age proportion was falling.”

    What about the other two years? =)

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