Housing: China’s real estate values collapse
China's real estate values are in a downward trajectory, due to shrinking populations.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
China's real estate values are in a downward trajectory, due to shrinking populations.
People working more than one job is seen as a problem. But its less than in the 1990s, and involves few workers.
The participation rate has dropped. The main reason is the Baby Boom boosted it higher and now in retirement, is exiting the workforce. Great options for Gen Z.
The media is spinning a doomer story that more people are living with multiple generations. This is, in fact, a return to what was normal.
In 2022, Roubini predicted a market crash. Instead, the markets went up sharply.
The media loves to imply that at 4.2% unemployment we are in an economic downturn.
This finding is contrary to the doomerism media reports.
The country has done quite well, despite the doomer media.
We have far more college graduates today as percentage of the population, than we did in the past. And yet, the unemployment rate for recent college grads remains remarkably constant…
Just 1% earn minimum wage. 87% earn more than $15/hour, making arguments over government mandated minimum wages largely moot.
Union membership over the 20th century to the present. Private sector union membership has collapsed.