finnlabs founder wins research award
/ Friday, March 12, 2010
We are proud to spread the news that finnlabs’ Thies Lindenthal won the Aareal Award of Excellence 2010 for his research paper “Demographics, Human Capital and the Demand for Housing”.
Thies’ research shows that households do not curb their consumption of housing services after retirement - as long as they can afford it. This contradicts a common belief that the elderly downsize their homes and move to smaller places. This result is good news for housing markets in Europe’s aging but wealthy societies.
The prestigious award was handed out in cooperation with the European Business School (EBS) in Oestrich-Winkel, which is one of the leading real estate research institutes in Germany.
