Demographics influence almost every economic sector, from business to healthcare, from education to entertainment, and should be given significant consideration when investing in property. Demographics include age, income, education, occupation, household size, home ownership, and home value, among other factors, of the people in a given area. Economic mobility is a key determinant in the future of a business, as is the economic health of the area.
Investing in commercial real estate requires the ability to forecast where a population will grow, and/or where a population’s average income will increase. Commercial property investment requires a solid understanding of demographic data, and we can provide you with that knowledge.