Research on the Effects of Ageing on Residence Demand

Aging is a demographic problem that China is facing. The impact of aging is not only reflected in the effect on economic growth; their demand will also be magnified with the increase of the elderly population. This paper finds that Henan has a profound degree of aging and a fast development by analyzing the national census and the data in Henan statistical yearbook. Through modelling and regression analysis, it is also found that the increase of the elderly population has a significant positive correlation with the demand for real estate. Combined with the facts, this paper is based on the China Aging Scientific Research and proposes to real estate developers in four aspects: hardware facilities, living conditions, software services, and surrounding facilities. It is expected that this research can provide suitable nursing homes to meet the living needs of the elderly and reduce the pressure on the elderly.