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Personal Income Changes in the Long Term and Its Influence on Housing Fund Development in Latvia

By Vitālijs Zubkovs and Ineta Geipele


Real estate market sharply responds to changes in such economic indicators as income level and stability, purchasing power of inhabitants, employment of working age population, their migration, etc. Analysis of the demographic situation covers a sufficiently wide range of issues. Changes in the number of population, age and the chosen profession, territorial division and preconditions for a possible migration can be considered to be the most significant ones

Topics: housing fund, personal income, demographic changes, people's needs
Publisher: Riga Technical University
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