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When populations are half what they are now, housing will be much lower than half the capacity of what it is now. Housing requires constant expensive maintenanc
by NoMoreNicksLeft 2y ago
When populations are half what they are now, housing will be much lower than half the capacity of what it is now. Housing requires constant expensive maintenance (as anyone with a house will quickly point out), but when population is half what it is now it won't be a random sampling of our current population. It will overwhelmingly be geriatric and unable to perform the maintenance that keeps houses from crumbling into the ground.
Nothing about a shrinking population makes for a strong economy.
- adamc 2y agoNah. It will happen gradually and the existence of older housing that is still viable if not work-free will reduce the costs. Older people will for sure be spending some saved wealth on this, and worker wages will go up.