Comments by "Tiago D\x27Agostini" (@tiagodagostini) on "Why A Real Estate Crash Won't Make Homes Affordable... For You" video.

@dojadog4223 They have the exact opposite problem. They produced more houses than they have population. So now suddently people that had invested in their houses and people that woudl use them as guarantees of loans are fucked because housing price collapsed. The construciton industry that is the largest employee in china is collapsing and they are having HUGE setbacks because of that.
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But population grows so there will be no reduction on demand. In fact if you compare current number of houses per inhabitant in USA US is at the HIGHEST offer of houses in the las 100 years.
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@shawn13mertle13 In fact USA still had a positive population growth (natural, not countign immigrants) until 2019. Only then it flattened out.
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@shawn13mertle13 Just google USA growth rate and you will see that growth was still positive until 2019.
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@Byssbod It did start to happen as soon as WW2 ended, But it was very slow. The baby boomers were a large spike in population just after WW2, but they were children still. It took them to reach 25 years (around the age most people have kids) and another 18 years for these kids to leave home and search for housing for the impact to start. GEn X was the first to see this effect. It was still not at maximum sicne USA had still a lot of resources and space to spare, but at the same time there was a huge movement from the country side and small cities into the large cities. So the following generation , gen Y was the one the for the first time faced a situation where this problem was serious.
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How much is a Medium apartment in an average city in USA? I always see examples about houses, americans seems to fiaxted on houses, almost no one in world can afford to live in HOUSES anymore.
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