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But will they want those houses, though... The crisis described here is that more people want them than can get them. So if the trend is that more people will

But will they want those houses, though... The crisis described here is that more people want them than can get them. So if the trend is that more people will want standalone houses specifically, versus just any sort of housing unit, proposed solutions that reduce the supply of them are bound to backfire for areas that implement them. Basically: is this the start of a different era in terms of demand profiles, driven by remote work, or is this just a short-term bubble?

jeffbee 6y ago
But why are we treating fertility as exogenous, rather than as a choice? Fertility is not exogenous. Demographers are predicting a 15% decline in live births in 2021 in the US, because women are choosing against pregnancy. It is long-studied and well-known that unemployment also depresses fertility. The idea that people will have children and buy houses just because they turn 30 is silly. They will not have children and they will not buy houses unless the environment in which those appear to be rational choices is established.