As global birth rates decline, economist Jesús Fernández-Villaverde examines how longer educational pathways, delayed careers, and rising housing costs are making it harder for young adults to start families.
He explains how economic policies, particularly restrictive zoning laws, can delay marriage and parenthood by putting homeownership further out of reach.
Watch EconTalk with Russell Roberts on Hoover+: https://plus.hoover.org/plus/research/great-fertility-collapse-jesus-fernandez-villaverde
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