The solution to house prices increase is to build more houses, but the protests demand to freeze prices instead of building more. Are they dumb or is it intentional to keep their cities small and exclusive?
Capital class is hungry for perpetual growth and profits (which came from a continually growing population over decades). Only lasts so much longer with fertility rates in terminal decline globally. It’ll be icky until we get to the point where deaths outnumber births forever into the future, but all countries will reach peak population eventually.
In this context, you only need a housing supply curve that stays slightly ahead of domestic population demand and can follow fertility rates down over the next century. Spain’ population will drop by a third by 2100, for example, and reached peak population in 2023. If migration is causing housing demand to exceed supply, impair migration demand until housing supply catches up, if it can.
Life is more complicated than a curve. Assuming that its as simple as matching houses to population growth is broken because guess what people move, and homes dont.
Can’t move where there isn’t room for them. It’s that simple. First come, first serve, as politics dictate. Existing citizens get a vote, those not yet citizens do not. Migration and immigration is a privilege, when available, not a right.
Maybe there is enough housing, maybe someone is allowed in, but maybe not.
I think you’re aware based on your comments here: <a href="https://news.ycombinator.com/item?id=49952279">https://news.ycombinator.com/item?id=49952279 <a href="https://news.ycombinator.com/item?id=49952798">https://news.ycombinator.com/item?id=49952798
jadermcs · · focus · HN ↗
herbst · · focus · HN ↗
MiroslavPokorny · · focus · HN ↗
toomuchtodo · · focus · HN ↗
In this context, you only need a housing supply curve that stays slightly ahead of domestic population demand and can follow fertility rates down over the next century. Spain’ population will drop by a third by 2100, for example, and reached peak population in 2023. If migration is causing housing demand to exceed supply, impair migration demand until housing supply catches up, if it can.
<a href="https://ourworldindata.org/which-countries-have-already-passed-peak-population-and-when-will-the-rest-do-so" rel="nofollow">https://ourworldindata.org/which-countries-have-already-pass...
<a href="https://ourworldindata.org/population-simulation-tool?demographyCountry=ESP&demographyFertility=1.1%2C1.1%2C1.1" rel="nofollow">https://ourworldindata.org/population-simulation-tool?demogr...
MiroslavPokorny · · focus · HN ↗
Its that simple.
toomuchtodo · · focus · HN ↗
Maybe there is enough housing, maybe someone is allowed in, but maybe not.
I think you’re aware based on your comments here: <a href="https://news.ycombinator.com/item?id=49952279">https://news.ycombinator.com/item?id=49952279 <a href="https://news.ycombinator.com/item?id=49952798">https://news.ycombinator.com/item?id=49952798