3 ms·
If there are fewer people, won't there be less competition for housing and thus affordability would improve somewhat? If you need to spend less on a mortgage or
by prawn 3y ago
If there are fewer people, won't there be less competition for housing and thus affordability would improve somewhat? If you need to spend less on a mortgage or rent, you may not need to work as much, or a single income couple might be viable once more, etc. (Or perhaps this just means cheaper property can continue to accumulate in the hands of wealthier people.)
- csomar 3y agoNo. Japan is a good example of that. It'll just centralize the area more, draining the periphery and raising the prices in the center.