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0 pointsRinzler892y ago0 comments

>It will come to some countries with collapsing demographics and that won’t be a pretty sight.

Except that's not how it happens. Demographics have been collapsing in many EU countries for a while now and prices have been going nowhere but up at rates beyond wage growth.

Internal migration from rural to urban, and external migration from war torn and impoverished nations also to urban centers, keep pushing demand up regardless of local reproduction numbers.

Sure, you can now buy cheap properties in some empty towns in the south of Italy for example, but to what end if there's no jobs there?

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baq2y ago· 1 in thread

At some point we run out of people in rural areas to migrate to urban and 30-50 more years later we get Detroit, maybe, except everywhere at once.

Watching South Korea very closely... for the next 20 years.

Rinzler89OP2y ago

>At some point we run out of people in rural areas to migrate to urban

But you won't run out of external migrants due to wars, climate change and poverty who want to leave their countries and move to the western developed ones.

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