4 ms·
The IFR is estimated to be something like 1%, so the direct effect on housing will be not that large, and also the surviving spouses will continue to occupy the
by jdm2212 6y ago
The IFR is estimated to be something like 1%, so the direct effect on housing will be not that large, and also the surviving spouses will continue to occupy the home.
At least in the US, pensions and social insurance generally get redirected to the surviving spouse or their minor children (if any).
Younger population doesn't imply higher economic output. It implies higher per capita economic output.
- ashtonkem 6y agoThe housing changes in the form of primary residences won’t change much. The housing market changes in the form of short term rental properties re-entering the long term rental space however....
- jdm2212 6y agoWhen the economy picks up and people start apartment hunting again, I suspect they'll also start booking Airbnbs again.
- ashtonkem 6y agoAnd a lot of hosts will have been forced to liquidate some of their holdings before then.
- jdm2212 6y agoMy prior is that a similar number of units will wind up back on that market once demand picks back up. Demand might not pick back up, or Airbnb hosts might be more cautious in the future about going all in on Airbnb, but if people want Airbnbs, the market will probably provide them.
- ashtonkem 6y agoI’m sure some people will want to buy up units for dedicated short term rentals, but the question is whether they’ll be allowed to. The politics of this has been discussed to death, but I can’t help but wonder if banks will be unwilling to allow their borrowers to get quite so heavily leveraged going forward in the short term rental space.
- votepaunchy 6y agoThe effect, whether large or small, will be much greater to Medicare than Social Security. Nursing homes residents are far more exposed than the general retired population.