jaichind
Atlas Star
Posts: 27,684
Political Matrix E: 9.03, S: -5.39
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« on: June 18, 2015, 07:23:18 AM » |
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Yes, there was clearly a birth recession that started in 2007 with the birth race falling significantly until 2014. It sort of mimicked the perception long term economic prospects. One benefit, at least for me, is that this does change the supply and demand curves for child care. My child was born in 2011 right in the depth of the birth recession. This was feature and not a bug as we planned to have a child in the worst economic environment on the premise that there will be less children born that year so there will be less competition for resources of all types. So whereas in Scarsdale before 2009 there were long waiting queues to get into various nursery schools, we did not have to face that at all and got our pick of nursery schools to send our child. BTW, my fellow Chinese back in Greater China does not seem to take this utilitarian approach to timing of children. There is always a massive bulge of children born in the Year of Dragon both on Taiwan Province, Hong Kong and Mainland China. The net affect is that 17 years after a Year of the Dragon the college entrance situation is always disastrous for those high school students trying to get in as the number of spots stay the same but the number of applicants is usually around 15%-20% greater than normal.
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