alt Hacker Newsa sound response to some of the worst fed decision making in US history. they essentially ruined the housing market, priced out a generation of younger buyers, which is now crushing fertility rates, savings, and more
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* fertility rates have been dropping for a long time. While this article is focused on "it's not about the teens", it isn't tied to housing, or after covid: https://ifstudies.org/blog/the-us-fertility-decline-is-not-d...
* housing market was already quite bad before covid (see sibling comment)
* Savings rates have hovered around 5% for almost 25+ years - https://fred.stlouisfed.org/series/PSAVERT
Was it them that did that or employers freezing wages and losing R&D credits/facing tarrifs / wild instability?
It's almost like pandemics have consequences.
Strict zoning ruined the housing market, and this is a multigenerational problem:
https://www.sciencedirect.com/science/article/abs/pii/S00941...