Personally I find the decline in birth rate to be a good thing long term, and in fact I think the goal should be for zero or even NEGATIVE global growth. If we can achieve this, it will finally (eventually) give an opportunity for housing to be more affordable again with the slowdown in new construction and more inventory coming onto the market as people pass away. Imagine a world where houses go on the market and you can walk right in and purchase a property without even bidding against anyone else. A world where there is always plenty of vacancy, and prices must be competitive.
People have debt for 30 years now just to buy a small house these days, that is insane. And if the population continues to increase, the problem will only get worse.
Although it would also be a huge help if people stopped crowding together in a small handful of cities that is a tiny % of the city too.
RE: The Macro Moment: China's Population In Decline?