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I his country has .reached a new threshold gin its population growth. -Now, as the experts have predicted, zero population growth (ZPG) is here. Families are smaller than ever and the elderly are living longer. How has this affected the building industry?
Nationally. it has caused builders to plan somewhat smaller houses to house smaller families and with less frills to accommodate the lessening purchasing power.
The national birth rate has now plunged to 1.9 children per family lowest in history - and well below the "replacement level”. Marriages decreased last year - the first time since 1958. About 2.4 percent fewer
91.0%