Anyone interested in declining birth rates, just take a look at the statistics in South Korea. 42% of the women in their 30s are unmarried (https://www.reddit.com/r/worldnews/comments/pxotg9/over_42_o...). That's almost half! Our infinite growth systems will collapse, unless countries make it easier for women to raise a family.
At 27 my grandad had 0 qualifications, a house, a wife, and 3 kids supported on a sergeant's salary.
At 27 I just finished postgrad professional qualifications and share a 2 bed flat with 2 friends. I lose 65% of my income to taxes and rent and have 10sqft personal space.
Avg house prices are 9x salary vs 4.5x in the 70s, so it takes a long time to save up to get started.
Let's talk solutions.
1) Govt needs to stop propping up housing market
2) Govt needs to relax planning and allow more houses to get built
3) NIMBYs must be stopped
4) Workers deserve fairer wages
5) To do that, boomers need to pay more of their costs
6) More social housing
I wouldn’t take marriage as a proxy for children in the current US. The institution of marriage is simply not a good fit for a lot of us — I may still have kids, but I will never get married again.
At 27 I just finished postgrad professional qualifications and share a 2 bed flat with 2 friends. I lose 65% of my income to taxes and rent and have 10sqft personal space.
Avg house prices are 9x salary vs 4.5x in the 70s, so it takes a long time to save up to get started.
Let's talk solutions. 1) Govt needs to stop propping up housing market 2) Govt needs to relax planning and allow more houses to get built 3) NIMBYs must be stopped 4) Workers deserve fairer wages 5) To do that, boomers need to pay more of their costs 6) More social housing
source: https://nitter.net/TypeForVictory/status/1443850540614668299...