Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Construction Industry
Lucas and Luna drill into a surprising effect of demographic decline: the construction industry is running out of young workers faster than almost any other sector. They trace the numbers from Japan—where the number of new homes built per year has fallen by nearly half since 2000—to the U.S., where the median age of a construction worker is now 42 and climbing. They discuss why automation hasn't filled the gap, how the shortage is pushing up renovation costs, and what the shift means for housing affordability in aging economies. No broad theory—just one concrete case per market…
The skinny
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