Gender and real estate: women buy more
Scientific studies have shown that men and women have a different approach to the market (of all kinds). This difference in behavior is obviously the result of various needs tending to be linked to the gender factor. But did you know that this distinction turns out to be quite marked even in real estate?
In particular, according to the latest market analyzes, it would seem that women have a tendency to spend more on a purchase contract and to resell at a lower price than men.
But let's try to get into the merits of this case, analyzing in detail the situation.
We assume that, when men and women choose a property to invest in, they usually look for different prerogatives. The study was carried out in the United States, where the real estate market is already quite varied by its nature.
On a sample of nine million sales, which occurred between 1991 and 2017, it was found that single women pay 3% more than men in the same situation and, similarly, sell the property for 2% less.
In monetary terms, given that Americans move property about 12 times, over the course of their existence, the disadvantage can be truly significant. In fact, we are talking about an annual loss of about $ 1,700 in '' housing wealth ''. But why is this happening?
It seems necessary to point out that, the causes do not fall within a lack of skill belonging to the female gender, when approaching real estate. It is simply a difference in priorities. In fact, women prefer to spend more, rather than undertake long negotiations and contract both at the time of purchase and during the sale. Reason why, convenience will be reduced. A sort of higher expense that is spread over faster recovery times. Discrimination against the phases limited to purchasing dynamics is also characterizing the male target.
In particular, we identify this attitude of speeding up the timing in the luxury market. In this case, in fact, the need to win the desired property on time exceeds the concept of convenience.
Are you witnessing a real turnaround? Well, if you consider that, in general, the real estate market is experiencing a propitious moment (as far as investors are concerned), it is not surprising how the latter want to hurry up, before losing the best opportunity to invest.
So how will the world real estate market evolve in terms of purchasing preferences? Will you opt for obtaining or reselling a property quickly, or will you prefer longer times but at more affordable prices? While waiting to learn more, we invite you to stay updated on our Realigro portal, to have a general background on the international real estate market!
In particular, according to the latest market analyzes, it would seem that women have a tendency to spend more on a purchase contract and to resell at a lower price than men.
But let's try to get into the merits of this case, analyzing in detail the situation.
We assume that, when men and women choose a property to invest in, they usually look for different prerogatives. The study was carried out in the United States, where the real estate market is already quite varied by its nature.
On a sample of nine million sales, which occurred between 1991 and 2017, it was found that single women pay 3% more than men in the same situation and, similarly, sell the property for 2% less.
In monetary terms, given that Americans move property about 12 times, over the course of their existence, the disadvantage can be truly significant. In fact, we are talking about an annual loss of about $ 1,700 in '' housing wealth ''. But why is this happening?
It seems necessary to point out that, the causes do not fall within a lack of skill belonging to the female gender, when approaching real estate. It is simply a difference in priorities. In fact, women prefer to spend more, rather than undertake long negotiations and contract both at the time of purchase and during the sale. Reason why, convenience will be reduced. A sort of higher expense that is spread over faster recovery times. Discrimination against the phases limited to purchasing dynamics is also characterizing the male target.
In particular, we identify this attitude of speeding up the timing in the luxury market. In this case, in fact, the need to win the desired property on time exceeds the concept of convenience.
Are you witnessing a real turnaround? Well, if you consider that, in general, the real estate market is experiencing a propitious moment (as far as investors are concerned), it is not surprising how the latter want to hurry up, before losing the best opportunity to invest.
So how will the world real estate market evolve in terms of purchasing preferences? Will you opt for obtaining or reselling a property quickly, or will you prefer longer times but at more affordable prices? While waiting to learn more, we invite you to stay updated on our Realigro portal, to have a general background on the international real estate market!
