Analysis of house prices and birth rates in England shows rising house prices mean homeowners are having more children, but the increase is more than offset by a decrease among renters.
A 10% increase in house prices equates to a 2.8% increase in the birth rate among homeowners, but a 4.9% decrease among renters.
The report’s author, Cevat Giray Aksoy of the European Bank for Reconstruction and Development, said this could be because the increased wealth of homeowners allows them to start a family, while renters are waiting to get on the property ladder first.
