Rapidly rising residential real estate prices suppress the native birth rate.
Weniger Kinder wegen Immobilienboom? Die Folgen hoher Hauspreise für die Familienplanung
#europe #demographics
Discussion
You can imagine what happens here with all these appartments being rent to tourists.
Yeah, we also have that. It's not a problem, if the number of apartments expands, but they usually don't.
People who own real estate hate when the amount of real estate on offer expands, as that reduces the scarcity of their own property, which causes the price to lower. So, they vote to keep everything the same and the price rises.
They make money off of surpressing other people's fertility, but okay.
I agree but... do you know that the tourists we have are double the population of the country? (more actually). That needs another kind of solution...
That's why we make babies and figure out the housing later on.