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Russia hikes interest rates to 15% as inflation soars
(www.bbc.com)
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this post was submitted on 27 Oct 2023
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I still have question how even stagnated population would even pressure housing supply at all.
I was wondering the same thing for Germany, our population is stagnating, but apparently we need 400,000 new apartments per year (according to our government). Maybe because there are more divorces and singles nowadays who want to live alone?
Germany's population has actually increased by almost four million in the past ten years, so that number of new apartments seems pretty reasonable at the moment. There will always be some homes that need replaced each year too, if they become unsuitable for living or are converted to non-residential purposes
You are right, maybe the y-axis of the diagram I remember was scaled for a larger range and it looked like it was stagnating, but with those numbers it really seems reasonable.
The numbers for Germany do often look weird after reuinification. In 2011 Germany realised it actually had 1.5 million fewer people than it thought it did. It hadn't actually done a full census since reunification, and over 24 years in the west and 30 years in the east plus the difficulty of combining the two sets of records, errors built up
Yep. If more people were shaking up together. It would reduce the pressure on housing. Though I would suspect that people owning multiple houses might also have an impact on this number.