We’ve all heard that “location, location, location” is an important factor in choosing a property, but how well do we know why a particular location is attractive or unattractive? This is where demographic analysis of cities comes in.
In this analysis, we look at population, age, gender, education, and even population density in different areas of a city. This information helps us understand which areas have a higher demand for housing, or which areas may be suitable for commercial investments.
For example, if an area has a young and educated population, it is likely to need more modern housing and innovative work spaces. Or if an area has an aging population, it may need more health and care services.
So overall, city demographic analysis is a tool that helps you make better, more accurate, and more efficient investment decisions in real estate and commercial real estate.
Effects of age composition on the housing market
Various factors influence the housing market, including the age composition of the population. Understanding the aspects of the age pyramid can help to observe and predict housing market trends in different cities of Iran.
Youth and the need for housing:
Population units with younger ages not only increase marriage and family formation in terms of youth, but also become a factor in increasing the demand for housing. In this scenario, we see an increasing trend in the purchase of housing and related investments. In addition, the youth of the population increases the need for smaller and economical housing, because this group is often in the early stages of family formation.
Middle age and settlement:
With the increase in the middle age of the population, the desire to buy a bigger house equipped with more facilities also increases. With the increase in the middle age of the population, the desire to buy a bigger house equipped with more facilities also increases.
Aging and housing transformation:
In recent years, with the increase in the elderly population, we have seen a change in the type of housing demanded. This segment of society is looking for smaller housing, with access to medical and welfare services. This change requires reforms in the structures of supply and demand in the housing market.
The age composition of the population decisively affects the housing market and residential needs of cities. The knowledge of these compounds can contribute to greater adaptability and efficiency in construction and economic planning.
The demographic situation of a region or country affects many of its economic and social aspects. From this point of view, demographic changes in different provinces of Iran also need a detailed analysis, especially in the context of the housing market.
Old age in large provinces
For example, Tehran province ranks first in the country with one million and 705 thousand elderly people. In terms of the percentage of elderly population, Gilan province ranks first with 15.19%. These features should be considered as an important factor in housing and construction planning in these provinces.
The number and gender composition of the elderly
In the meantime, the gender of the elderly has also undergone significant changes. In 1375, there were 116 elderly men for every 100 elderly women. This ratio has reached 92 men for every 100 women in 1400, which also emphasizes the need to revise housing plans for the elderly population.
Demographic future of Iran
According to demographic forecasts, in 1430, about 30% of Iran’s population will be elderly. These major demographic changes will clearly require changes in construction and housing strategies.
According to these changes, not only the need for housing for the elderly population, but also the need for medical and welfare services for this segment of the society will increase. Therefore, it is essential to use this information in planning housing and sustainable development.
Source: Analyzes and statistics based on the reports of the secretariat of the National Council of the Elderly and the United Nations, along with internal research
