this post was submitted on 20 Aug 2024
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Housing Bubble 2: Return of the Ugly

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[–] fubarx@lemmy.ml 9 points 2 months ago (1 children)

Cost of living keeps going up each year, especially for raising a child. Young folks are statistically waiting longer or opting not to have children. Statistically, you start making fewer babies than elderly dying off. At some point, if you don't anything, the "replacement rate" falls low enough so you're heading toward a demographic time-bomb.

Countries like South Korea and Japan have been fighting this realization for twenty years. They've tried all these steps, from appealing to patriotic duty, to creating official dating/matchmaking apps, to offering tax breaks and outright cash grants. The only thing that works is to import people from places with the reverse issue -- too many babies. But that is both a cultural and political hot-button issue. Don't really see any other way out.

[–] moistclump@lemmy.world 1 points 2 months ago

Which I think is ok IF there’s enough immigration and appeal to people moving over to balance it out. But. Yeh. America may not have a good time.