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> and as we are making more people, demand is only going up in the near to medium term. Birth rates are below replacement in the US (and basically every other
by jasonwatkinspdx 5y ago
> and as we are making more people, demand is only going up in the near to medium term.
Birth rates are below replacement in the US (and basically every other high income nation). What's driving demand is rural to urban migration. The 20 or so major metro areas are where all the good jobs are, so that's where people are going. This is one of the most powerful forces in the US post WW2, and is driving many of our political and economic failures.
- harambae 5y ago>What's driving demand is rural to urban migration. Then why is housing also rapidly increasing in price in rural areas? (It's a rhetorical question - it's interest rates, speculation, and some city people wanting 2nd homes... the point is that urban migration is not the biggest issue regarding this current increase)