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They have a huge population, so that's why the price for real estate is insanely high. They can only rent an apartment, even better share a room with other people to make the cost cheaper. I don't think it will bring the whole economy down, they will be forced to live with less money and as long as they can accept it, they will make the country rich. Sadly China is not welcome for LGBTQ+ because gay or trans women can't give a birth, this is just a joke although it's also somewhat correct lol. China has a huge population. That is true. But at the same time, this population is rapidly declining as a result of ultra-low birth rates. For the year 2022, Total fertility rate was estimated at just 1.09 children per woman. This is extremely low, and for comparison the TFR in Japan for the year 2022 was 1.26 children per woman and that in Russia was 1.416 children per woman. The low number of births for a continued period of time is being reflected in the economy. There is an oversupply of apartments and the demand is declining with every passing year. Retirees are moving back to their villages, while new births and in migration to the urban areas are not able to cover this. Even if the birth rate is low, the current population is too large for cities. Since the demand for real estate was so high in the past, the price has peaked. After the pandemic, construction decreased, and people migrated more to rural areas due to increasing inflation and difficulty in purchasing power, all of these were factors. As construction starts are decreasing and all of them are at the same rate, it has become inevitable for the real estate sector to continue its course.
They have a huge population, so that's why the price for real estate is insanely high. They can only rent an apartment, even better share a room with other people to make the cost cheaper. I don't think it will bring the whole economy down, they will be forced to live with less money and as long as they can accept it, they will make the country rich. Sadly China is not welcome for LGBTQ+ because gay or trans women can't give a birth, this is just a joke although it's also somewhat correct lol. China has a huge population. That is true. But at the same time, this population is rapidly declining as a result of ultra-low birth rates. For the year 2022, Total fertility rate was estimated at just 1.09 children per woman. This is extremely low, and for comparison the TFR in Japan for the year 2022 was 1.26 children per woman and that in Russia was 1.416 children per woman. The low number of births for a continued period of time is being reflected in the economy. There is an oversupply of apartments and the demand is declining with every passing year. Retirees are moving back to their villages, while new births and in migration to the urban areas are not able to cover this. Even if the birth rate is low, the current population is too large for cities. Since the demand for real estate was so high in the past, the price has peaked. After the pandemic, construction decreased, and people migrated more to rural areas due to increasing inflation and difficulty in purchasing power, all of these were factors. As construction starts are decreasing and all of them are at the same rate, it has become inevitable for the real estate sector to continue its course.
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phznsxz´
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They have a huge population, so that's why the price for real estate is insanely high. They can only rent an apartment, even better share a room with other people to make the cost cheaper. I don't think it will bring the whole economy down, they will be forced to live with less money and as long as they can accept it, they will make the country rich. Sadly China is not welcome for LGBTQ+ because gay or trans women can't give a birth, this is just a joke although it's also somewhat correct lol. China has a huge population. That is true. But at the same time, this population is rapidly declining as a result of ultra-low birth rates. For the year 2022, Total fertility rate was estimated at just 1.09 children per woman. This is extremely low, and for comparison the TFR in Japan for the year 2022 was 1.26 children per woman and that in Russia was 1.416 children per woman. The low number of births for a continued period of time is being reflected in the economy. There is an oversupply of apartments and the demand is declining with every passing year. Retirees are moving back to their villages, while new births and in migration to the urban areas are not able to cover this. Even if the birth rate is low, the current population is too large for cities. Since the demand for real estate was so high in the past, the price has peaked. After the pandemic, construction decreased, and people migrated more to rural areas due to increasing inflation and difficulty in purchasing power, all of these were factors. As construction starts are decreasing and all of them are at the same rate, it has become inevitable for the real estate sector to continue its course.
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They have a huge population, so that's why the price for real estate is insanely high. They can only rent an apartment, even better share a room with other people to make the cost cheaper. I don't think it will bring the whole economy down, they will be forced to live with less money and as long as they can accept it, they will make the country rich. Sadly China is not welcome for LGBTQ+ because gay or trans women can't give a birth, this is just a joke although it's also somewhat correct lol. China has a huge population. That is true. But at the same time, this population is rapidly declining as a result of ultra-low birth rates. For the year 2022, Total fertility rate was estimated at just 1.09 children per woman. This is extremely low, and for comparison the TFR in Japan for the year 2022 was 1.26 children per woman and that in Russia was 1.416 children per woman. The low number of births for a continued period of time is being reflected in the economy. There is an oversupply of apartments and the demand is declining with every passing year. Retirees are moving back to their villages, while new births and in migration to the urban areas are not able to cover this. Even if the birth rate is low, the current population is too large for cities. Since the demand for real estate was so high in the past, the price has peaked. After the pandemic, construction decreased, and people migrated more to rural areas due to increasing inflation and difficulty in purchasing power, all of these were factors. As construction starts are decreasing and all of them are at the same rate, it has become inevitable for the real estate sector to continue its course.
This review was marked as helpful
by 163 people