alt Hacker NewsThis is really the message of Abundance.
If you want people to have kids, you need to make sure they are economically secure by the time they are of childbearing age... which means before they are 30. To do that, you cannot have supply constrained zero-sum shortage anywhere in society. It means that the cost of an apartment needs to be at-or-below the cost to build that apartment so people can just save up and buy one early on in their career.
We need to not just allowing housing to get built, but actually we need to go as far as subsiding housing that nobody needs so that it's built before that need ever arises.
This is effectively impossible in a democratic society, and we are going to learn just how impossible it is as western society slowly collapses under the weight of its own social programs. It's honestly horrifying to watch.
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This is really the message of Abundance.
I both liked Abundance and think there’s truth to what you’re saying.
But it wasn’t what I took away from the book (perhaps it was in there - but what I really got was ‘for a better future we need to stop shooting ourselves in the foot, and be prepared to enthusiastically think of and promote the greater good rather than protecting every single valuable individual thing’)
Agreed with all of this but,
"cost of an apartment needs to be at-or-below the cost to build that apartment"
That's not true, its that the cost to build the apartment is far too high and the cost is totally passed on to a the public, thereby hovering up any disposable income that might go towards having a child.
There can be a profit margin, but the cost needs to be low.
I’m in my fourties’ unable to afford a three bedroom apartment in my city with an income in the top two or three percentile. I’ve had boomers tell me with a straight face that “they did it” so it can’t be that hard despite a 5x increase in housing costs relative to income.
I’d have to spend every single post tax dollar for two decades to afford an actual house. Not counting interest and other taxes and council rates. I’d have to work for 70+ years to afford a nice house in a nice suburb!
“Have more children!”
“Make housing affordable!”
“My retirement fund is all in property and banks!”
There’s your problem.
No, that is you are reading into what abundance is. Abundance is mostly neoliberal economic ideas repackaged for the current iteration of consultants where workers are entirely excluded from the processes, unions are the enemy, and regulation is actually evil this time (pinky swear this time!).
Thank fuck voters aren't buying this garbage.
I also find your retort equally misleading. Social housing is a solved issue. The problem is that we are letting greedy developers dictate the type of housing to be built. Kinda what the book abundance never mentions, who actually are the ones with power and how they are wielding it to thwart progress.
Blaming democratic societies is even more frankly bizarre too. America has always been deeply antidemocratic and has thwarted the will of the people at every opportunity of progress (every delegate voted against the bill of rights when first mentioned (took a threat of violence to add it), labor rights, ending slavery, universal suffrage); the problem has always been authoritarians against the people.
Some mathematicians ran some numbers and diferent societies have different lowlying fruit. None of his improvements get societies to 2.1, but will theoretically move them to ~1.8. I'll find the source if people ask. 1. End toxic masculinity (machismo) in middle east and LatAM. No woman who knows how to read want to beaten or enslaved. 2. Jobs and Housing: Europe and America respectively. More three bed-room houses would add kids in California for example. Jobs for young people would children in Spain. 3. End afterschool tutoring and add spaces at universities. In Japan, Korea, China having more than one child means less money for tutors for the first kid (boy or girl). This is the easy stuff. For the extreme right, male literacy is inversely proportional with fertility too. lol! For my lefty friends, women are currently having as many kids as they would like, that's a oppression or tragedy or unfair.
It's 2026 now and we know for sure that applying purely economic stimuli did nothing substantial to birthrate anywhere. FWIW kids of rich parents do not procreate somehow better even if they are not constrained by housing market.