This change is due to the direct result of the crisis and the job insecurity that this population's age group is experiencing. These factors have limited the young buyer's access to the property market. The main motivation to buy a property is no longer to rent first before owning a home in order to feel more stable. The rise in property prices is one of the main obstacles for first time buyers.
Real estate investment has currently picked up again by buyers who are 60 years or older and are looking to downsize due to their children leaving home. They tend to look for smaller houses that are preferably close to hospitals and shopping areas.