Re:Why the government took home prices out of its main infla...
by BlargMcLarg on Friday May 27, 2022 @12:16PM
(#31531323)
Most developed countries took a significant hit to fertility rates around 1970-1980 and stayed below replacement rate since then, fluctuating or dropping further down but never recovering well above replacement rate. I can think of a few things happening during those years, but "housing" wouldn't be a global one.
Re:Why the government took home prices out of its main infla...
by PowerBar on Sunday May 29, 2022 @10:18PM
(#31554903)
> The amusing part of it is that small children are the most amenable to moving, it's not until they're a bit older and getting into school that moving becomes a real problem for them.
Children are expensive. If you can't currently afford to buy a house and decide to have a child, the chances of you gaining enough wealth to afford one in the 4 to 6 years before your child reaches school age is practically nonexistent.
This means having a child while renting basically pushes your home ownership plans back by probably about a decade.
The amusing part of it is that small children are the most amenable to moving, it's not until they're a bit older and getting into school that moving becomes a real problem for them.
Fertility rates are low enough that it can't be entirely ascribed to housing.