Seniors’ revealed preferences in the housing market in Poznań

Abstract

Demographic changes, manifested in the ageing of society are one of the significant challenges of contemporary Europe. As senior citizens will represent the increasingly large part of the society, it seems necessary to look more broadly at the needs of this group. What is one of the fundamental needs of every human being is the need of accommodation. The existing body of literature does not provide a sufficient number of studies of seniors' housing needs. Most Polish studies concerning the characteristics of this group of buyers and their preferences regarding the housing market are qualitative. They are usually purposive sample surveys the purpose of which is to identify the profile and preferences of prospective buyers. In most cases, they concern seniors' preferences regarding new housing products (socalled senior housing). In this paper, we undertook to identify senior buyers' revealed preferences in the secondary housing market in Poznań. To this end, we collected information on transactions concluded in the abovementioned market in the years 2010-2016. The base was supplemented with data from land and mortgage registers (information about the gender and age of buyers, and the method of financing the purchase of a property), data from the Register of Land and Buildings and with the use of Google Street View. In different sections of the paper, we included an overview of literature concerning methods of the analysis of consumer preferences and studies of housing preferences, we discussed research methods and sources of data, and finally, we presented the research findings and conclusions.

Housing Preferences of Seniors and Pre-Senior Citizens in Poland—A Case Study

“…Two-bedroom flats were most often chosen by people who lived in single or two-person households. Similar preferences were observed in studies conducted by Tanaś et al [55]. Seniors most often bought three-room flats.…”

“…The latter study aimed to evaluate elderly people's housing preferences and to investigate the approaches of selected municipalities in fulfilling the housing needs of seniors. In turn, Tanaś et al (2019) examined the revealed preferences of seniors who had recently purchased a dwelling basing on the information from transactions in Poznań. Szukalski [10] and Zrałek [19] attempted, in turn, to determine the direction of adaptation of the residential market to the needs of older people, and the associated challenges.…”

Housing Affordability Preferences for ‘Rumah Selangorku’ Scheme

“…Another housing preference study conducted by Tanas, Trojanek and Trojanek [7] also shows interesting result. The study focuses on senior citizen in Poznan, Poland.…”

The COVID-19 pandemic impact upon housing brokers’ workflow and their clients’ attitude: Real estate market in Krakow

“…Respondents also drew attention to the prevalence of short-lived agreements: 'people currently negotiate rents and enter into agreements for shorter periods due to the uncertain times.' In turn, another one of the surveyed staff members of the real estate office noted that 'the tenants expect larger apartments with a little garden or a balcony,' which of course may in the future impact long-term changes in housing market preferences (not only in the rental housing market), accounting for the necessity to revise findings of research conducted hitherto (even the latest one) not only in terms of the real estate market in Krakow (Głuszak & Małkowska, 2017;Głuszak, 2018;Tomal, 2020b) but also in other parts of Poland (Źróbek-Różańska & Szulc, 2018;Tanaś, Trojanek, & Trojanek, 2019;Jancz & Trojanek, 2020) and around the world (Sika & Vidová, 2017;Soon & Tan, 2019;Opit, Witten & Kearns, 2019).…”