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That’s already backfiring because high housing costs drive down the birth rate. If the next generation is smaller than the previous generation, housing prices
by landryraccoon 5mo ago
That’s already backfiring because high housing costs drive down the birth rate.
If the next generation is smaller than the previous generation, housing prices will collapse.
- edg5000 5mo agoIt's what we're seeing in Japan I think. I never realised this second order effect, but it makes sense.