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What is Madrid Housing Market by 2033: Demographics Impact about?

This document discusses how demographic changes will impact the housing market in Madrid, Spain by 2033. As the population ages and household sizes decrease, demand for new housing will decline. The percentage of people over 65 will rise to 25.2% by 2033, decreasing average household sizes. This will reduce housing demand to levels from 1983-1988. The industry will need to adapt by providing more housing options for elderly residents, such as assisted living facilities. Innovative models from other countrie

Author

David Flores

Language

EN