You're right, but I see the signs are on the walls for a reversal already. If I see how desperate recruiting efforts get _everywhere_, despite a not-yet-recover

You're right, but I see the signs are on the walls for a reversal already. If I see how desperate recruiting efforts get _everywhere_, despite a not-yet-recovered economic situation, that's just a first flavor of what's to come demographically. A new generation can already choose from way too many offers, which will be even more expanding as the larger generation ages out and needs more care. Continuing the trend, junior educated talent will be in such demand that economically, I see no choice than rising prices for their service. Which will in turn triggering inflation and devaluation of existing assets. Additionally, remote work options (held in place by the shortage for talent) will continue to significantly eat into ever increasing city density, and the population plateau — which in developed countries already is a decline — will empty many apartments as well. The only effect left is rising inequality through inheritance. Slap a hard 90% inheritance tax on any "set for life" money above 2 million USD to finance the rest of society and you're fine. Just my 2 cetn.