At least one of the FED presidents is suggesting that this presumed bubble in housing should be dealt with by scaling back on their buying of MBS. The only thing that artificially low interest rates and purchase of MBS has accomplished is to pump up house prices and the stock market. The down side is many young buyers are starting to think they will never be able to afford a house. And what will happen if they “normalize” interest rates? Interesting times we live in.
you can now have two children, it was not so long ago because of the exposing population you could only have one but don’t you dare have 3, bad things happen then.
I read they are planning to remove this entirely in a few years. Doesn't matter, they just spent multiple generations building tiny apartments, so most parents aren't having any more children because they have no room.
A friend of mind married a Chinese girl and she moved to the untitled states a couple years back, I got the information from him so I guess he isn’t up to date on recent policies...LOL
It's a recent change (end of May). The article indicates that even without government restrictions, most Chinese, especially those in urban areas, can't afford to raise three children. A lot of social structures, here, there, and everywhere, are based on the assumption that there will always be more "young, productive workers" than old retirees. Thanks to diet, healthcare, and material resources, that's no longer the case. A lot of things are going to have to change -- unless people want to go back to dying young of untreated injuries, chronic diseases, and poverty.
A "successful" (wealthy, stable) society tends to produce lower birth rates, but lower birth rates don't necessarily imply a successful society.