The Global Birth Dearth

(1) Household count increases as households last longer. (2) More owner-occupied households led by more of those 65 years of age and older. (3) Demographic forces netting out, as some may be causing a shortage, others a glut, of housing inventory. (4) More Millennial women are working and having fewer babies. (5) The baby bust may be weighing on global growth. (6) A very skewed male/female ratio in China. (7) The case for having fewer children. (8) Productivity is the only good response to low fertility.