What I saw is fewer kids in almost all countries. The urbanisation push this even further as adult living in dense cities have even fewer kids. Yes, it will tak

What I saw is fewer kids in almost all countries. The urbanisation push this even further as adult living in dense cities have even fewer kids. Yes, it will take some time, but the aging of population is already there. And old people consume very little. I agree that the speculative nature of housing is a problem, from what I see it is caused mainly by the devaluation of currencies. You by a house at 100k$ with 90k$ of mortgage, your government print money making your mortgage worth less, bam you got a 200k$ house with 90k$ mortgage. Your 10k$ gave you 110k$ While your currency is worth half of its previous value. It was the easiest way to get rich for a long time, it work as long as the currency keep debasing (you can count on that) and the housing market is good.