The long-term land use implications posed by population growth, urbanization, aging, and migration are examined in Global Demographics 2009: Shaping Real Estate’s Future, a new publication from the Urban Land Institute.
This year’s edition of the report, which will be published annually, discusses trends in the United States and the rest of the Americas; and it places a special emphasis on Europe and Africa (including the Middle East). Themes for this year include labor force, education, and productivity; personal income, purchasing power, and poverty; and retailing.
Rachelle Levitt, Executive Vice President for ULI’s Global Information Group and publisher of ULI’s publications, states, ‘This book reaffirms that population and demographic shifts will continue to place enormous pressure on urban areas around the globe. How cities are developed, how they welcome new residents, how they accommodate all income groups, and how they use energy and natural resources are all crucial elements of urban sustainability.’
The report’s conclusion is that demographics are the foundation of real estate decision-making.
For more information on the report, and highlights from Global Demographics 2009, read the full article at RisMedia.