2 ms·
Semi-related, but I did recently wonder if China's real-estate bust might serve as a strong fertility support measure / incidental pronatalist policy. Tier-3 a
by sottol 2mo ago
Semi-related, but I did recently wonder if China's real-estate bust might serve as a strong fertility support measure / incidental pronatalist policy.
Tier-3 and tier-4 cities supposedly saw 30-50% property value declines, setting them back more than two decades. If real estate was really holding back families, as is often stipulated, this might reverse that.
Otoh, rural Japan has lots of cheap or even free real estate but it doesn't seem to support fertility rates at all.
- autoexec 2mo agoI think high housing prices can impact people's decision about when/if they start a family, but other factors do as well. Rural Japan might be inexpensive, but raising a family there can be less attractive for a lot of other reasons.
- thatfrenchguy 2mo agoReal estate is not the only reason why folks have less children, especially in cultures where people don’t mind having less space. Kids are expensive for other reasons in china
- Waterluvian 2mo agoThe other reason is car seats. I can’t fit more than two and I’ll be damned if I trade in for a minivan!
- justsomehnguy 2mo ago> If real estate was really holding back families, as is often stipulated, this might reverse that. It doesn't matter how much the property is valued if your work is somewhere else.
- tonyhart7 2mo agobecause there is no work in rural area, why you not asking the same question why younger people move to city at their 20s ??
- thenthenthen 2mo agoThis. As well as aging population, plus bad economy, no one is making Children. They build an over capacity of kindergardens as well. These are all closing now and people losing their jobs, furthering the (real) sentiment of depression and keeping your wallets and your legs closed…so to say.