4 ms·
Now that people have less children, or no children, and the population tends to age-out and shrink in many countries, I wonder if we'll reach a point where real
by Qem 4y ago
Now that people have less children, or no children, and the population tends to age-out and shrink in many countries, I wonder if we'll reach a point where real state prices start to consistently fall every year, reversing the current trend, as people die of old age in large numbers leaving lots of empty properties behind.
- BlargMcLarg 4y agoI hope so, but I also heard enough reasons to not expect this. Many countries are still projecting population increases well until 2030 (sometimes even 2050?). The Netherlands predicts population will continue to rise well until 2070, despite fertility rate fluctuating between 1.5 and 1.7 for five decades now. It's pretty similar to Japan, and Japan has only just started decreasing in population. There's also the cautionary tale of "there is enough housing, just not enough affordable housing", as well as VCs convincing governments to tear down homes in favor of other things, further reducing the number of homes. Then again, there's the darker perspective that lack of medical staff / medicine will significantly lower the lifespan of several generations.