2 years ago

Jason Hartman discusses population decline, its economic impact, and its impact on the housing market in the future

0:00 Introduction
0:39 Jason discusses the upcoming real estate market collapse
4:18 Jason discusses Malthusian philosophy
8:36 The replacement rate for population is 2.1 children
12:38 Millennial birthrate is now around 1.7 children
13:24 If women entered and stayed in the US workforce at the same rate as they do in Norway, the US economy would be $1.6 trillion larger
16:45 Women are waiting longer to have children, which is tied to higher education.
18:12 Population size and fertility rates show how people plan for the future
26:02 Immigration is the only thing that's keeping America's median age down
33:55 Jason argues that the cost to raise a child is manipulated to look lower, just like the consumer price index and the unemployment rate
38:20 So what does this all mean for real estate investments? We have fantastic demographics coming up in the rental market and for the next 10 years.