Demographic Trends and Housing Patterns in the Philippines

Marife M. Ballesteros, Tatum P. Ramos and Jenica A. Ancheta

No DP 2024-26, Discussion Papers from Philippine Institute for Development Studies

Abstract: This study examines how demographic changes lead to different household structures and housing choices among various age groups. It argues that the cointegration of demography, the housing market, and wealth has shaped housing demand in the country over time. The results have important, often unrecognized implications for housing policy. Estimating housing needs without a contextual analysis of household formation can be misleading; thus, the government must connect demographic changes to housing demand to ensure the correct policy framework is established that balances the needs of the productive sector with those of the growing elderly population in terms of housing consumption. Comments on this paper are welcome within 60 days from the date of posting. Email publications@pids.gov.ph.

Keywords: demographic trends; household formation; homeownership; housing habitability; Philippines (search for similar items in EconPapers)
Pages: 65
Date: 2024
New Economics Papers: this item is included in nep-age, nep-sea and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:phd:dpaper:dp_2024-26

DOI: 10.62986/dp2024.26

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