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It's a rather specific sample (2010-2016, ages 25-29). I wonder how much of this is coincidence. Is it not possible that both birthrates and home prices have no
by ppeetteerr 8y ago
It's a rather specific sample (2010-2016, ages 25-29). I wonder how much of this is coincidence. Is it not possible that both birthrates and home prices have nothing to do with one another but happen to be just following independent trends?
- toasterlovin 8y agoBirth rates are highly likely to be tied to house prices in some way, though if it is causal, and which direction causality flows in, if it is, is probably not knowable. All you really need to know is that larger families compete with smaller families for real estate. But smaller families generally have more available income and they need less real estate. Those facts alone are bound to link birth rates to housing costs.
- ppeetteerr 8y agoI agree with you and you could even make another argument. It could also be that people these days spend more on experiential activities than physical goods and both child rearing and home ownership are suffering as a consequence. Correlation studies are fun but hardly informative.