Am I the only one seeing the intricate relationship between population growth and the housing market?
When the population grows, the housing price increases, and at some point it becomes too difficult for young couples to have extra rooms to raise kids (many still live with their parents).
When the population decreases or collapses, the housing market crashes, and then, one or two generations later, the population increases again.
The thing is that we've been accustomed to a quick and unprecedented population growth since the end of WW2, and the housing market of big cities are reaching its limits all over the world.
My take is that it won't be a problem, au contraire, the population will stabilize around 10B, and this is a good thing on many dimensions. Think about it.