Glossary & framework library

Demand forecasting

Urban Economics

Reference

Projecting future need for space from demographic and economic drivers.

Related terms

  • Demographic dividend

    The growth boost an economy gets when a large share of its population is of working age; Egypt, Nigeria, and much of Sub-Saharan Africa are riding this, underp…

  • Density bonus

    Extra buildable floor area a developer is granted in exchange for delivering a public benefit such as affordable units or open space; a planning lever increasi…

  • Devaluation

    A deliberate reduction in a currency's official value; Egypt's repeated pound devaluations since 2016 repriced construction inputs overnight and shifted buyers…

  • Economic base

    The export-oriented industries that drive a city income and, in turn, its real estate demand.

  • Externality

    A cost or benefit from an activity that falls on third parties not involved in it; a new metro line's uplift to nearby land value, or congestion from a poorly…

  • Foreign direct investment (FDI)

    Cross-border investment where a foreign entity takes a lasting stake in local assets or operations; Gulf sovereign wealth flows into Egyptian and African real…

  • Gentrification

    The process by which rising investment and wealthier residents displace lower-income occupants of a district; visible in parts of Cairo's downtown and inner-ci…

  • Gross domestic product (GDP)

    The total value of goods and services produced in an economy over a period; real estate demand tracks GDP growth, which is why analysts anchor absorption forec…