Growth, changes: the new residential

Covid has marked real estate significantly. We have repeatedly stressed how all segments in Europe have changed. Understanding what you invest in, especially in real estate, is fundamental for analyzing market changes and the needs of potential investors.
Yet, despite a 'surge in demand', there are some targets that seem not to be involved in this phase of real estate boom.
Well, in today's column, we will try to understand how, at European level, both investors and the various nations are moving. In terms of demand but also of supply.
So if you are ready, we can inaugurate our mini guide today.

Let's start with good news. The residential sector is growing again. Regardless of the country of reference, across Europe, we are witnessing a market in sharp recovery in demand. This is combined with a broad offer, guaranteed by the downward war. Covid has in fact led to the need for national governments to make substantial changes to real estate. Specifically, there have been numerous actions and programs aimed at reducing property taxes. Or even on lease payments.

So what are the segments that are suffering the most? Those relating to the over 60s and young people. We speak of housing models required by these categories, totally opposed, which, paradoxically, are entering into crisis. As regards young people, the Co-living system has recently been adopted. A sharing of spaces that turns out to be optimal and better than the classic lease. However, the system is highly criticized given the Covid situation. Similarly, standard leases are increasing prices, and are no longer so attractive to those who, like students, need temporary and above all economic accommodation. But that is not all. The real news is precisely for the opposite segment. Or for those over 60. The so-called senior living was born recently.

A real target target that represents an important slice of the real estate market. Previously, in fact, no particular importance was given to the over 60s. But over the years, the seniors have undergone what is called a return to youth. A return that brings with it new needs that are not always clearly present in today's real estate. Here are therefore going to configure new living models suitable for this category, but which, currently, are not particularly encouraged by national governments. A simple and intuitive technology also in home automation, large but at the same time easily manageable spaces, and last, but not least, properties located in quiet but not isolated areas.
But who benefits from the pandemic situation? They are the middle bands that instead seem to live an optimal period, in terms of immediate response to the various needs.

Understanding what the implications for the various targets could be is almost impossible. The emergence of these ‘’ ’new’ ’segments is probably a clear indicator of the company's change which, perhaps, will also spill over into the real estate market.
For more information, we invite you to stay updated on our page!

Search in Realigro

 

    Realigro Account

    • Twitter
    • Facebook
    • LinkedIn
    • Instagram
    2005-2024 REALIGRO REAL ESTATE LTD. All Rights Reserved - VAT Nr: 893969932
    Neikos Digital Agency
    1. Preferences

      For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.

      Set now Don't show again
    BB