Demographics and an aging society vs. real estate demand

What happens when the market simply runs out of young buyers? Demographics are a silent but powerful player – acting like the slow movements of tectonic plates. We are just entering the era of the 'silver tsunami.' Society is aging, which means that every year more and more inherited second-hand apartments will hit the market. Needs are also changing: instead of large houses outside the city, there is a booming demand for smaller, well-connected premises on the ground floor or in buildings with an elevator. A lower number of marriages and a declining birth rate mean that the demand for large square footage is slowly dying out. In the long run, vacancies will increase in smaller towns, and their prices will fall, while large agglomerations will defend themselves thanks to migration. If you are investing long-term, ask yourself one question: who will buy or rent this from you in 20 years? A two-story house in the provinces can become an unsellable burden.