The Impact of Population and Fertility Policy of China on the Real Estate Market

Abstract

The population structure and development model of China have undergone significant changes, i.e., the new population is decreasing and the aging population is increasing. Meanwhile, population policies and supporting measures have also changed. The implementation of the three-child policy has also triggered discussions in the industry and the academic community has also carried out in-depth research on the relationship between the real estate market based on demographic changes. This paper will compare the results of the implementation of the two-child policy and the three-child policy. To be specific, this study will explore the impact of the population birth policy on the urban real estate market through urban classification, as well as the demographic dividend brought by the birth policy and changes in the structural demand for real estate. According to the analysis, real estate companies in the implementation of the two-child policy have faced new challenges and new opportunities. In the future, the birth policy will affect the family structure. This will further influence the development direction and project development of the real estate market.