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"The engine of X's wealth is blocking its future" is a pretty common theme these days... Pensions, patent/IP law, land ownership crowding out affordability...
by adverbly 7mo ago
"The engine of X's wealth is blocking its future" is a pretty common theme these days...
Pensions, patent/IP law, land ownership crowding out affordability...
Birth rate drops dramatically
Shocked pikachu face
- ch4s3 7mo agoYou see low birth rates in places with relatively affordable cost of living and high levels of economic opportunity.
- joe_mamba 7mo agoLike which places?
- myrmidon 7mo agoAll of them? You see sub-replacement birthrates in basically every halfway wealthy nation, there's almost no exceptions. I'd argue that the primary cause is that children no longer provide direct value to the family they're raised in; their roles as supplemental labor during adolescence and as "pension plan" have been devalued/taken over by institutions, while the costs for raising them have only increased.
- joe_mamba 7mo ago>All of them? You see sub-replacement birthrates in basically every halfway wealthy nation, there's almost no exceptions Every halfway wealthy nation doesn't have affordable housing as GGP was talking about.
- ch4s3 7mo agoAustralia is below the OECD median affordability[1] and the birth rate is 1.48. France is more affordable still and has WAY more services and the birthrate is barely better at 1.56. There's no correlation between housing affordability and birthrates. [1]https://www.oecd.org/en/data/datasets/oecd-affordable-housing-database.html https://www.oecd.org/en/data/datasets/oecd-affordable-housin...