Housing Costs and U.S. Fertility: A New Era?
Cornell Population Center Innovations in Population Science Speaker Series presents "Housing Costs and U.S. Fertility: A New Era?" with Nicholas Mark, Assistant Professor of Sociology, University of Wisconsin - Madison. This seminar is co-sponsored with CSI.
Fertility in the U.S. has been declining since the Great Recession, even while the economy has recovered. One hypothesis for this decline is that the costs of raising children, especially housing—many families' largest single expense—has increased faster than wages. We show that the relationship between housing costs and fertility is age-specific and dynamic, and has undergone dramatic shifts since the Great Recession. We investigate potential sources of these changes, and discuss implications for policy and future demographic trends.