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The parents of the Baby Boomers had affordable housing, about three times median male income for a single family home. That was when fertility was last above r
by tuatoru 3y ago
The parents of the Baby Boomers had affordable housing, about three times median male income for a single family home.
That was when fertility was last above replacement level. House-price-to-income started rising in the late 1960s and has not stopped.
This problem will self-correct in the long run. There will be fewer people than houses.
1. https://population.un.org/wpp/Graphs/Probabilistic/FERT/TOT/840 https://population.un.org/wpp/Graphs/Probabilistic/FERT/TOT/...