Friday, July 10, 2015

Empty homes

Japan has the world's fastest aging population because of low birth rate. People aren't aging faster, but rather there are fewer young people as a percentage of the country's people, and relatively more elderly. Two years ago I read What to Expect When No One's Expecting and posted some of the information under the label "Demography."

One developing symptom is the growing number of abandoned homes. By the year 2033, it's estimated that one-third of the nation's housing will be empty. Germany is experiencing that same empty-home thing, since their birth rate also is seriously low.


2 comments:

  1. In addition to that the Japanese rarely if ever sell their homes but chose to keep them I the family. (Test note to Char.)

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    Replies
    1. Thanks for the test note! ;) Btw, I corrected the links in the post. An article in Bloomberg should have been linked, and now it is.

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