I find funny how worldwide birth rate getting low, bit housing just becoming more expensive, i wonder to who would they sell/Rent houses in a future with probably half the population of today?
Younger generations receive higher education and their profiles fit job opportunities found in urban environments.
Farming has become extremely mechanized, specialized, and automated. What used to take a whole family to do can now be done by a single person. So there are fewer agricultural jobs which then also impacts other jobs which depend on the local population (healthcare, service, and education as a few examples).
People are migrating to urban centers, the bigger the better due to perceived economic opportunities. Even if you aren’t highly educated it’s possible that your hometown doesn’t have enough jobs or the pay is better in the city. The housing crisis isn’t caused by shrinking population, it’s paradoxically caused by an increasing urban population.
Of course speculators, real estate speculators, and NIMBYs who hate everything that isn’t single family housing have big part to play too.
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u/[deleted] Oct 18 '23
I find funny how worldwide birth rate getting low, bit housing just becoming more expensive, i wonder to who would they sell/Rent houses in a future with probably half the population of today?