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Germany builds about 250,000 net houses annually, but the German population is either stagnant or declining. So it wouldn't surprise me if German house prices a

Germany builds about 250,000 net houses annually, but the German population is either stagnant or declining. So it wouldn't surprise me if German house prices are falling, or are definitely expected to over the coming decades. The median German is aged 48. In France it's about 42, in the UK 41, and in the US it's 38. And Germany's fertility rate is lower than all of them.

hcurtiss 3y ago
> the German population is either stagnant or declining Is that true? If yes, is that hurting government pension/retirement systems? That sounds like a disaster to me. That also means Germany is excluding immmigrants more than is popularly understood. * seems it’s a known problem: https://www.cnbc.com/2022/10/31/germanys-pension-system-will-collapse-without-reform-influential-lobby-group-says.html https://www.cnbc.com/2022/10/31/germanys-pension-system-will...
- soco 3y ago
  From what I understand (please correct me if I'm wrong) one of the points of Merkel's politics when encouraging immigration was exactly this - getting a younger workforce in, to restore the pyramid. Now some people say "immigration bad" but I didn't see any alternate solutions for fixing the pension system. I mean, there might be, but I haven't seen them.
- dukeyukey 3y ago
  Thing is, immigration to Germany is quite high. It's just Germany is a populous country (more people than all of the US in and west of the Rockies!) with a _very_ low birth rate. So even when 17% of the German population are immigrants, the population is _still_ falling.
FirmwareBurner 3y ago
>but the German population is either stagnant or declining Migration has long outpaced the declining German population
- dukeyukey 3y ago
  In this case I meant the population of people within Germany, not just ethnic Germans.
  - FirmwareBurner 3y ago
    Yes, for the whole country. The refugee waves from the middle east, Ukraine plus other migration has compensated the population drop in the last years.

hcurtiss 3y ago

> the German population is either stagnant or declining Is that true? If yes, is that hurting government pension/retirement systems? That sounds like a disaster to me. That also means Germany is excluding immmigrants more than is popularly understood. * seems it’s a known problem: https://www.cnbc.com/2022/10/31/germanys-pension-system-will-collapse-without-reform-influential-lobby-group-says.html https://www.cnbc.com/2022/10/31/germanys-pension-system-will...

soco 3y ago
From what I understand (please correct me if I'm wrong) one of the points of Merkel's politics when encouraging immigration was exactly this - getting a younger workforce in, to restore the pyramid. Now some people say "immigration bad" but I didn't see any alternate solutions for fixing the pension system. I mean, there might be, but I haven't seen them.
dukeyukey 3y ago
Thing is, immigration to Germany is quite high. It's just Germany is a populous country (more people than all of the US in and west of the Rockies!) with a _very_ low birth rate. So even when 17% of the German population are immigrants, the population is _still_ falling.

FirmwareBurner 3y ago

>but the German population is either stagnant or declining Migration has long outpaced the declining German population

dukeyukey 3y ago
In this case I meant the population of people within Germany, not just ethnic Germans.
- FirmwareBurner 3y ago
  Yes, for the whole country. The refugee waves from the middle east, Ukraine plus other migration has compensated the population drop in the last years.