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.
Real 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
I 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.
This. 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.
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.