Lesson 19: Demographics and Real Estate
November 2, 2021
Review:
- Multifamily
- Thursday
- Real Estate Careers – Interview with Tanner Pile
Presentation:
- Demographics Impact on Real Estate
- Spending on housing through a lifetime
- Types of housing – single level
- Motivations for buying/selling
- Baby Boomers (1946-1964)
- Gen X (1965-1979)
- Millennial (1980-2000)
- Gen Z ? (after 2000)
- Demographics in Commercial/Retail Site Selection
- Customer Profile – age, gender, race, income, education
- Target Marketing
- Trade Area analysis
- Sales by geography
- Competitive analysis
- Supportable Stores Analysis
- Market Deployment Optimization
- Harry Dent
- Spending by age cohort
- Housing preferences by age cohort
- Economic forecasting using theories of cycles
- Publishes/Promotes Sensationalism
- Boom Bust Cycles in Real Estate