No babies, no homes, no hope; Young Americans abandon family life, global baby bust sparks fears of ghost towns and societal collapse

https://twitter.com/Jedi_ant/status/1913266472475918773

US birth rates have fallen to 1983 levels despite a population increase of 108 million people, reflecting significant changes in how Americans form families.
Americans are delaying major life milestones: the average first-time mother is now 30, and fewer 30-year-olds live on their own, get married, or own homes.
Despite a declining youth population, all major homebuyer groups will grow over the next decade, with extended rental periods creating opportunities in both rental and homeownership markets.
How family changes are affecting housing
Changes in family sizes and birth rates are reshaping housing demand in the US, with long-term effects for residential builders, developers, and investors. Unlike demographic patterns that can shift rapidly, like immigration, these social changes happen more gradually and predictably, giving housing industry professionals time to adapt their strategies.

Birth rates show fundamental change
US birth rates have fluctuated significantly since 2019. After dropping sharply during the early pandemic, births briefly increased by +4% in what some called a “mini baby boom.” However, this increase was temporary, and birth rates have continued their long-term downward trend.

jbrec later life milestones demographics graph 06

https://jbrec.com/insights/life-choices-shift-us-homeownership/