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Give people housing and they'll have kids! Obtaining housing increases the average probability of having a child by 3.8% and the number of children by 3.2%. For 20 to 25-year-olds, the corresponding effects are 32% and 33%.
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David Watson 🥑
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Those seem like extremely small gains for "obtaining housing", which could covary with tons of latent variables.
Breakdown of the paper: The study examines how access to housing and mortgages affects fertility rates. The researchers use a natural experiment in Brazil where housing credit is allocated through a lottery system in "consórcios" (group lending mechanisms). This allows them to
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The observed effects align with what one might expect from the income effect. What’s interesting is that the elasticity of labor supply seems to differ between wealth from homeownership and income. Homeownership appears to shift preferences more toward family time because this
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Then what, give them money for diapers and formula? And then give them money for day care? And then give them money for a car to drive them around? You must be a socialist.
Employment stability and sufficient capital to start a household = family formation
Would it make too much sense if the US feds divested the NPS land in downtown E. St. Louis, formed a PPP with DOGE guidance, and built housing for a mixed population of local St. Louisans and hard-working legal immigrants, helping turn a vacant area into a thriving community?
Or apartments with more than 3-4 rooms, plus kitchen and bathroom. Each additional room gets a child.
this study shows that when young adults (20-25) receive stable housing, they're 32% more likely to have kids. This could reshape our approach to housing policy and urban planning. Thoughts?
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I like the sentiment, but are we sure there is not a selection bias issue in these numbers? Are we certain that correlation equals causation here? This would confirm my biases, but I'm also pretty sure that this doesn't come close to explaining a global precipitous drop in
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Brazil is a very different culture with vastly different value systems. The culture of younger generations right now as a whole is a bit sick, housing alone won’t change that. Even the idea of “give me housing or I won’t have children” is just pretty twisted. I like the child
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2-do-list for governments to increase birth rates: 1. Increase child benefit. 2. Free childcare. 3. Better parental leave. 4. Tax relief for families. 5. More flexible working hours. ❗ 6. Affordable housing. ❗ 7. Free healthcare. 8. Positive support for families. 9.
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The history of the world is one of people struggling to survive and living in poverty, somehow they propagated the human race without subsidized house.
yes, but we've imported millions of low skill immigrants from cultures antithetical to western values over the last 15 years. in short, we've been fcked over by incompetent and malicious state actors that have no accountability.
Very interesting and promising. One question is if housing is scarce in Brazil and offers high risk-adjusted returns, wouldn’t winning a lottery earlier confer a positive wealth effect on the household, which may (also) boost fertility?
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Explains the strong correlation between cities and lower fertility: houses are much pricier and only old, no longer fertile people can afford them. Give the young easier access to housing, and they'll want to do a nest in it.
Interesting that it's not just giving out houses - they're giving them a mortgage credit to help with financing. The study used a "housing credit through a lottery system used. . . to randomly allocate lump-sums to participants to finance house purchases."
The best intrapreneurs to run your operation for you are in W2s I poached 2 guys this year (earning 300k/yr and 200k/yr) to become partners with me in 8F subsidiaries They left their W2s bc they had WAY more upside with me in earnings, freedom, time & lifestyle Should I drop a
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Give people under 25yo houses! What would happen if govt substantially subsidized ivf and other fertility treatments for people with housing
Great investments are all about spotting potential others overlook. For example, an energy-efficient home doesn’t just save money; it also attracts high-value tenants. What hidden features do you look for before sealing the deal?
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You mean “buying a house leads to families” Because “giving people housing” isn’t a great idea.