According to a survey conducted among over 15,000 respondents in the U.S., between 36 and 55 percent of home buyers who were actively looking to buy a home in the next 12 months were not able to find one at a price they could afford as of the second quarter of 2023. Approximately ** percent of millennials struggled to find a home at an acceptable price, while for Baby Boomers, this percentage was higher at ** percent. According to the source, the main reason for the decline across all generations except for baby boomers was that respondents reported other reasons, such as getting outbid by other buyers or the inability to find a home in the desired neighborhood. In the second quarter of 2023, roughly ** percent of U.S. adults were planning a home purchase in the next year.
Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.
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The China residential real estate industry is expected to grow at a CAGR of XX% during 2025-2033. The market size was valued at XX million in 2025 and is projected to reach XX million by 2033. The growth of the market is attributed to the increasing urbanization, rising disposable income, and government policies that support homeownership. The key drivers of the market include the increasing demand for housing from the growing middle class, the government's focus on affordable housing, and the development of smart cities. However, the market is also facing some challenges, such as the rising cost of land, the strict regulations on real estate development, and the increasing competition from the rental market. The market is segmented by type into apartments & condominiums, villas & landed houses, and by key cities into Shenzhen, Beijing, Shanghai, Hangzhou, Guangzhou, and other key cities. The major players in the market include Evergrande Real Estate Group Limited, China Overseas Land & Investment Limited, Longfor Group Holdings Limited, China State Construction Engineering Corporation Ltd (CSCEC), Shimao Group Holdings Limited, Sunac China Holdings Limited, China Resources Land Limited, China Vanke Co Ltd, China Merchants Shekou Industrial Zone Holdings Co Ltd, and Country Garden Holdings Company Limited. The market concentration is moderate, with the top 5 players accounting for XX% of the market share. The companies are focusing on expanding their presence in key cities, developing new projects, and offering innovative products and services to meet the evolving needs of consumers. The China residential real estate industry is one of the largest and most important in the world. In 2021, the industry was valued at over $4 trillion USD and is projected to grow to over $6 trillion USD by 2025. The industry is characterized by a high concentration of large developers, with the top 10 developers accounting for over 50% of the market share. The industry is also highly regulated, with the government implementing a number of policies to control prices and prevent speculation. Recent developments include: February 2022: Dar Al-Arkan, a Saudi real estate corporation, announced the creation of an office in Beijing, China. The move is in accordance with Dar Al-strategic Arkan's expansion ambitions and builds on the company's global brand development efforts. The company's Beijing office is expected to serve a variety of tasks, including establishing joint ventures between Dar Al-Arkan and renowned Chinese real estate developers for both the Chinese and Saudi markets, as well as enhancing investment and knowledge-sharing opportunities between the two countries. Dar Al-office Arkan's will serve as a hub for Chinese enterprises and investors looking to expand, start businesses, or invest in the Kingdom., February 2022: China Evergrande Group announced that it sold stakes and "right to debt" in four developments to two state-owned trust firms for CNY 2.13 billion (USD 0.35 billion), in a move to ensure their construction goes ahead as well as delivery of its other projects. The world's most indebted property developer is struggling to complete projects and homes - deemed a priority by China's policymakers to ensure social stability - while weighed down by its more than USD 300 billion in liabilities. Evergrande sold its stake and right to debt in a residential development in Chongqing and Dongguan to Everbright Trust for CNY 1.03 billion (USD 0.19 billion), as well as those in a housing project in Foshan and a theme park development in Guangzhou to Minmetals Trust for CNY 1.1 billion (USD 0.16 billion).. Key drivers for this market are: Government Infrastructure Spending, Urbanization and Increasing Disposable Incomes. Potential restraints include: Oversupply in the Real Estate, Labor Shortages. Notable trends are: Urbanization Driving the Residential Real Estate Market.
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Abstract The concept of urban dispossession was formulated in the 1970s to explain the poor living conditions of workers during industrialization in São Paulo. In the following decades, real estate became central to economy, which made house prices rise. This process, together with the condition of low income, restricts the access of the poor to housing and reveals the contradictions inherent in private property as a housing solution. Based on observations of a recent occupation in the periphery and another one in the central region of the city, new forms of urban dispossession are discussed in the article, identifying strategies to struggle for the right to housing. It is concluded that collective occupations have potential for challenging private property and inequalities; however, they are not free from the contradictions they engender.
Utilizing Esri Updated Demographics Categories (boundaries from the 2020 U.S. Census Bureau Data). This layer was created using Esri's Enrich tool to display some of the categories below at a city level for Idaho. Esri Updated Demographics categories include the following:PopulationAge—By Generations, Age Dependency RatiosRace and Ethnicity—Diversity IndexSchool-Educational attainmentWork—Labor Force, Economic Dependency RatiosIncome—Total Income, Income by AgeHouseholds—Total Households, Tenure, FamiliesFamiliesHousing and Wealth—Total Housing Units, Housing Affordability Index, Percent of Income for Mortgage, Wealth Index, Contract RentHistorical Time Series—Population, Households, and Housing Units for each year between 2010 and current yearMethodology 2023/2028 Demographics2023-2028 Data Catalog
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Abstract This article analyzes the contradictions in the housing space organization in a favela of Sao Paulo. I carried out ethnographic fieldwork with 18 months of participant observation, 21 interviews with residents and local workers, and 26 testimonials of the memorial project. In an attempt to make sense and understand this urban social phenomenon, I divided the data into two categories and 16 subcategories, carrying out the analysis based on grounded theory. Considering the spatiotemporal epistemology associated with the theory of organizing, I conclude that in the organization of the favela’s housing space, the social struggle for housing coexists with practices like those of a real estate market, although adapted to the reality of the favela. These two phenomena are simultaneously in conflict and nourish each other, making it complex the fulfillment of the right to housing.
The share of Italian households considering their housing expenses burdensome, including rent, mortgage, or other costs, decreased overall. In 2022, about ** percent of the households with a mortgage loan were struggling to make monthly payments. Nevertheless, this percentage was much higher for renters, with **** percent finding paying their rent to be burdensome.
As of the third quarter of 2024, the residential property price index in Greater Jakarta (locally known as Jabodetabek) increased by approximately *** percent. This indicated a sharp decline following a period of continuous increases in the price index over the past few years. Indonesia’s housing market Indonesia is currently struggling with a housing backlog, reaching nearly ** million units in 2023. This represented the number of Indonesian households who were supposed to own a house in the country. In response to this issue, the government has initiated the “One Million Houses” program (Program Sejuta Rumah), intending to build a million houses annually. Among other cities in Indonesia, Pontianak stood out with the highest house price growth as of the third quarter of 2024. The rising role of Greater Jakarta‘s satellite cities As Indonesia’s financial center, Jakarta outpaces other areas in terms of average land prices. For residential homes, the average land price is significantly higher than the land price in industrial areas in Jakarta. Greater Jakarta, home to about ** million people, encompasses Jakarta and **** satellite cities, including Bogor, Depok, Tangerang, South Tangerang, and Bekasi. As Jakarta lacks affordable housing and developed areas for landed houses, many residents are now starting to relocate to its satellite cities. This has also caused Jakarta to have a lower residential property sales rate compared to the other Greater Jakarta regions.
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The pandemic hampers the gym and fitness equipment market with the limitations to public fitness clubs. On the other hand, the quarantine and remote work regime is causing a sharp increase in demand for fitness equipment for private use. Not being able to visit fitness clubs, many people keep training at home and therefore buy more equipment online with delivery.
Regardless of their age, the biggest struggle of American homebuyers in 2024 was finding the right property. That was especially challenging for the youngest homebuyers, who presumably have the least experience and smallest budgets. Respondents between 26 and 34 years were also the most likely to struggle with paperwork and find the steps in the process confusing.
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The Rent-to-Own real estate market is an innovative approach that offers an alternative pathway to homeownership. This unique model allows tenants to rent a property with the option to purchase it after a set period, making it particularly appealing for individuals who may struggle with the high upfront costs of buy
After a period of record-low mortgage interest rates, the cost of mortgage borrowing in Germany surged in 2022. In 2019, mortgage rates declined notably, falling as low as **** percent in December 2020. This downward trend reversed in 2021, as mortgage rates started to gradually pick up. Five-to-ten-year mortgage loans had the lowest rates in March 2025 at **** percent, while floating rate mortgages up to one year were the most expensive at **** percent. Mortgages with over **-year fixed period – the most popular loan type among homebuyers — had an interest rate of **** percent. Why did mortgage rates in Germany increase? In 2022, the annual inflation rate in Germany experienced a swift rise, prompting the central bank to raise interest rates to counter this surge. The European Central Bank (ECB) is responsible for determining Germany's central bank interest rate. In July 2022, following a prolonged period of stability, the average interest rates in Germany began a steady rise, which persisted consistently thereafter. This increase is intended to stabilize prices, but it also means higher borrowing costs for those seeking mortgages. Downturn in Germany's home loan borrowing From 2022 onward, the gross residential mortgage lending in Germany fell dramatically. Besides the higher interest rates, the downturn can be explained by the slowed pace of economic growth, which makes individuals and businesses more cautious about big investments such as buying a home. Additionally, the German housing market suffers a chronic undersupply, meaning that homebuyers often struggle to find an affordable home to purchase.
The share of households struggling to keep their homes adequately warm increased in all CEE countries between 2020 and 2023, except for Bulgaria. In Romania, the share of households struggling with heating peaked in 2022 at 15 percent.
Approximately ** percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas ** percent of home buyers between 35 and 44 bought their first home in that year. Gen Z and Millennial first-time buyers It is no surprise that many Gen Z (18 to 24 years old) and Millennial (25 to 43 years old) home buyers are mostly first-time home buyers. These home buyers are in the early stages of their careers, or still studying in some cases, and often struggling to repay student debt, so they need to save for many years before they afford a down payment. When do they sell? These generations tend to stay in their first homes for several years, which means that the majority of home sellers are older than them. The share of income needed to afford a trade-up home is significantly lower than the money needed for a starter home. A trade-up home is a larger and more expensive home, which homeowners often buy after living in their starter home, or their first home, for several years. This progression generally happens when homeowners have climbed the career ladder and increased their incomes.
As of the second quarter of 2025, the CPIH index in the United Kingdom was ***, indicating that consumer goods and services had increased in price by ** percent when compared with the baseline year of 2015. In June 2025, the CPIH inflation rate was *** percent, unchanged from the previous month. The CPIH index is the consumer price index, which also includes costs related to owning and maintaining a home. Inflation falls to more usual levels in 2024 After reaching a peak of *** percent in October 2022, the CPIH inflation rate fell throughout 2023 and into 2024, eventually falling to a low of *** percent in October 2024. Although the decline in energy inflation led to a significant fall in prices early in the 2023, other aspects of inflation, such as food prices remained high for a longer period. Throughout 2023 inflation in the UK was still quite high across many sectors, indicated by persistently high core inflation (inflation excluding food and energy prices) rates reported that year. UK economy continues to struggle Since the COVID-19 pandemic, the UK's economic performance has been quite lackluster. Although the economy bounced back from the initial drop in GDP caused by lockdowns, it has alternated between months of low growth and declines in GDP since 2021. In the last two quarters of 2023, the UK economy shrank by *** percent and then by *** percent. As a result, the UK economy officially ended 2023 in a technical recession. While growth picked up in the first half of 2024, there was no growth in the third quarter of the year.
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According to a survey conducted among over 15,000 respondents in the U.S., between 36 and 55 percent of home buyers who were actively looking to buy a home in the next 12 months were not able to find one at a price they could afford as of the second quarter of 2023. Approximately ** percent of millennials struggled to find a home at an acceptable price, while for Baby Boomers, this percentage was higher at ** percent. According to the source, the main reason for the decline across all generations except for baby boomers was that respondents reported other reasons, such as getting outbid by other buyers or the inability to find a home in the desired neighborhood. In the second quarter of 2023, roughly ** percent of U.S. adults were planning a home purchase in the next year.