Home › Forums › Financial Markets/Economics › plunging birthrate
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June 3, 2011 at 8:21 PM #18844June 4, 2011 at 2:14 AM #701124EugeneParticipant
The article greatly exaggerates the decline in birth rates. (Or rather, manages to create an impression of such without quoting any relevant figures.) Figures through 2007 are here:
http://www.census.gov/compendia/statab/2011/tables/11s0080.pdf
http://www.census.gov/compendia/statab/2011/tables/11s0083.pdfBirth rates per 1,000 population are slightly down compared to 1980, because there are more older people around. In 2007, white fertility rates were at the highest level in several decades.
There was some decline because of the recession, but I’m not sure if it constitutes a real demographic shift or just a postponement (just like the baby boom came about because many families postponed having children during the 30’s and the WWII).
At the current trend, we normally need to add 1 million housing units per year to compensate for new household creation, and this trend should hold for at least a couple of decades. But household creation is also systematically postponed these days: just see here
http://www.usatoday.com/news/nation/census/2011-05-04-Census-Households-Demographics_n.htm
In San Diego, the average household size spiked from 2.78 to 2.93 in the last four years. We’ve been steadily gaining population, and we’ve been gaining children, and there has been almost no new construction for a while, but there is no upward pressure on house prices (for now), because people are more likely to live with parents or roommates, compared with 2007. I’d guess that it’s mostly for economic reasons and not because people suddenly started liking living with in-laws. So there we also have accumulating pent-up demand.
June 4, 2011 at 2:14 AM #701223EugeneParticipantThe article greatly exaggerates the decline in birth rates. (Or rather, manages to create an impression of such without quoting any relevant figures.) Figures through 2007 are here:
http://www.census.gov/compendia/statab/2011/tables/11s0080.pdf
http://www.census.gov/compendia/statab/2011/tables/11s0083.pdfBirth rates per 1,000 population are slightly down compared to 1980, because there are more older people around. In 2007, white fertility rates were at the highest level in several decades.
There was some decline because of the recession, but I’m not sure if it constitutes a real demographic shift or just a postponement (just like the baby boom came about because many families postponed having children during the 30’s and the WWII).
At the current trend, we normally need to add 1 million housing units per year to compensate for new household creation, and this trend should hold for at least a couple of decades. But household creation is also systematically postponed these days: just see here
http://www.usatoday.com/news/nation/census/2011-05-04-Census-Households-Demographics_n.htm
In San Diego, the average household size spiked from 2.78 to 2.93 in the last four years. We’ve been steadily gaining population, and we’ve been gaining children, and there has been almost no new construction for a while, but there is no upward pressure on house prices (for now), because people are more likely to live with parents or roommates, compared with 2007. I’d guess that it’s mostly for economic reasons and not because people suddenly started liking living with in-laws. So there we also have accumulating pent-up demand.
June 4, 2011 at 2:14 AM #701815EugeneParticipantThe article greatly exaggerates the decline in birth rates. (Or rather, manages to create an impression of such without quoting any relevant figures.) Figures through 2007 are here:
http://www.census.gov/compendia/statab/2011/tables/11s0080.pdf
http://www.census.gov/compendia/statab/2011/tables/11s0083.pdfBirth rates per 1,000 population are slightly down compared to 1980, because there are more older people around. In 2007, white fertility rates were at the highest level in several decades.
There was some decline because of the recession, but I’m not sure if it constitutes a real demographic shift or just a postponement (just like the baby boom came about because many families postponed having children during the 30’s and the WWII).
At the current trend, we normally need to add 1 million housing units per year to compensate for new household creation, and this trend should hold for at least a couple of decades. But household creation is also systematically postponed these days: just see here
http://www.usatoday.com/news/nation/census/2011-05-04-Census-Households-Demographics_n.htm
In San Diego, the average household size spiked from 2.78 to 2.93 in the last four years. We’ve been steadily gaining population, and we’ve been gaining children, and there has been almost no new construction for a while, but there is no upward pressure on house prices (for now), because people are more likely to live with parents or roommates, compared with 2007. I’d guess that it’s mostly for economic reasons and not because people suddenly started liking living with in-laws. So there we also have accumulating pent-up demand.
June 4, 2011 at 2:14 AM #701965EugeneParticipantThe article greatly exaggerates the decline in birth rates. (Or rather, manages to create an impression of such without quoting any relevant figures.) Figures through 2007 are here:
http://www.census.gov/compendia/statab/2011/tables/11s0080.pdf
http://www.census.gov/compendia/statab/2011/tables/11s0083.pdfBirth rates per 1,000 population are slightly down compared to 1980, because there are more older people around. In 2007, white fertility rates were at the highest level in several decades.
There was some decline because of the recession, but I’m not sure if it constitutes a real demographic shift or just a postponement (just like the baby boom came about because many families postponed having children during the 30’s and the WWII).
At the current trend, we normally need to add 1 million housing units per year to compensate for new household creation, and this trend should hold for at least a couple of decades. But household creation is also systematically postponed these days: just see here
http://www.usatoday.com/news/nation/census/2011-05-04-Census-Households-Demographics_n.htm
In San Diego, the average household size spiked from 2.78 to 2.93 in the last four years. We’ve been steadily gaining population, and we’ve been gaining children, and there has been almost no new construction for a while, but there is no upward pressure on house prices (for now), because people are more likely to live with parents or roommates, compared with 2007. I’d guess that it’s mostly for economic reasons and not because people suddenly started liking living with in-laws. So there we also have accumulating pent-up demand.
June 4, 2011 at 2:14 AM #702325EugeneParticipantThe article greatly exaggerates the decline in birth rates. (Or rather, manages to create an impression of such without quoting any relevant figures.) Figures through 2007 are here:
http://www.census.gov/compendia/statab/2011/tables/11s0080.pdf
http://www.census.gov/compendia/statab/2011/tables/11s0083.pdfBirth rates per 1,000 population are slightly down compared to 1980, because there are more older people around. In 2007, white fertility rates were at the highest level in several decades.
There was some decline because of the recession, but I’m not sure if it constitutes a real demographic shift or just a postponement (just like the baby boom came about because many families postponed having children during the 30’s and the WWII).
At the current trend, we normally need to add 1 million housing units per year to compensate for new household creation, and this trend should hold for at least a couple of decades. But household creation is also systematically postponed these days: just see here
http://www.usatoday.com/news/nation/census/2011-05-04-Census-Households-Demographics_n.htm
In San Diego, the average household size spiked from 2.78 to 2.93 in the last four years. We’ve been steadily gaining population, and we’ve been gaining children, and there has been almost no new construction for a while, but there is no upward pressure on house prices (for now), because people are more likely to live with parents or roommates, compared with 2007. I’d guess that it’s mostly for economic reasons and not because people suddenly started liking living with in-laws. So there we also have accumulating pent-up demand.
June 4, 2011 at 12:57 PM #701169mp7444ParticipantThank you Eugene! I’ve been curious about this for a while. It seem in the past couple of years, several friends of us were pregnant (or the wives were). I thought it’s a baby boom time once again!
Also, it’s amazing that the sex ratio for M/F is 105:100 since 1980 to 2010! What a consistency!
June 4, 2011 at 12:57 PM #701268mp7444ParticipantThank you Eugene! I’ve been curious about this for a while. It seem in the past couple of years, several friends of us were pregnant (or the wives were). I thought it’s a baby boom time once again!
Also, it’s amazing that the sex ratio for M/F is 105:100 since 1980 to 2010! What a consistency!
June 4, 2011 at 12:57 PM #701861mp7444ParticipantThank you Eugene! I’ve been curious about this for a while. It seem in the past couple of years, several friends of us were pregnant (or the wives were). I thought it’s a baby boom time once again!
Also, it’s amazing that the sex ratio for M/F is 105:100 since 1980 to 2010! What a consistency!
June 4, 2011 at 12:57 PM #702010mp7444ParticipantThank you Eugene! I’ve been curious about this for a while. It seem in the past couple of years, several friends of us were pregnant (or the wives were). I thought it’s a baby boom time once again!
Also, it’s amazing that the sex ratio for M/F is 105:100 since 1980 to 2010! What a consistency!
June 4, 2011 at 12:57 PM #702370mp7444ParticipantThank you Eugene! I’ve been curious about this for a while. It seem in the past couple of years, several friends of us were pregnant (or the wives were). I thought it’s a baby boom time once again!
Also, it’s amazing that the sex ratio for M/F is 105:100 since 1980 to 2010! What a consistency!
June 6, 2011 at 10:59 AM #701318ctr70ParticipantThis is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:
1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)
2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past
3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)
June 6, 2011 at 10:59 AM #701416ctr70ParticipantThis is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:
1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)
2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past
3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)
June 6, 2011 at 10:59 AM #702009ctr70ParticipantThis is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:
1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)
2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past
3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)
June 6, 2011 at 10:59 AM #702157ctr70ParticipantThis is just purely anecdotal from my circle and what I’ve observed, and I have NO data to support this…but it seems like:
1. People are having much smaller families than when I was growing up in the 70’s and 80’s (1-2 kids is the norm now vs. 3-5 kids then…my parents had 6 kids born in the 1960’s and 1970’s)
2. College educated higher income people especially seem to be either having no kids at all, or having them much later in life than the past
3. I am not as sure of trends in terms of family size and age having children within the lower income, lower educational levels (I would assume it to be larger families and having children at earlier ages)
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