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Reply to "With declining birth replacement rates around the world …"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Declining birthrates in some parts of the world are only an issue if you care deeply about your race/ethnicity reducing in numbers or you desire regressive policies. If you realize that the human race has been intermixing for thousands of years and don’t freak out that your future descendants may not have blond hair and blue eyes you are fine. If you are savvy enough to realize that economic prosperity depends on global trade, innovation, and leading on the most profitable industries while dumping less profitable one you are fine. There were one million more senior high school kids applying to college this year than when their parents applied. Housing is unaffordable because there is a shortage of houses. A lower population isn’t a bad thing.[/quote] There is not a shortage of houses. There are too many businesses owning residential properties (Airbnb, VRBO, etc.) plus second and third homes. [/quote] We grant about 1 million green cards a year, and about 3.6 million people are born here each year. 3.3 million die each year meaning a net growth of at least 1.3 million a year. that translates to maybe 500 k houses- you are saying vrbo/airbnb and private equity own less than 500k homes?? 500k houses account generously for houses with only one occupant at the current rates of occupancy (in nyc) in single/double/family housing. yes its Airbnb and vrbo and 2nd 3rd houses that are causing the housing shortage luv. That's a lot of houses needed.[/quote][/quote]
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