Submitted by I_Tory_I t3_z84yoi in explainlikeimfive
I've read that low birth rates and rising ages in Japan are alarming. And sure, you'll have trouble finding caretakers for the elder population, and there will be less people in the workforce, which will lower the GDP.
But to me, a drop in population will lead to more housing available, and workers being more in demand, which might lead to better working conditions.
I am not Japanese, but if I was, should I be alarmed? Is it a change for the worse, or just a... change?
Banea-Vaedr t1_iy9s9ip wrote
The issue is that keeping the elderly alive will mean devoting all energy and money to keeping them alive, causing stagnation. It's worth being concerned about.