$Hang Seng TECH Index(STECH.HK) The supply-demand relationship is the core factor determining prices. Over the past 20 years, the male birth population in the Eastern region has exceeded the female population by nearly 20 million, indicating that these 20 million men are highly likely to remain unmarried. With more women than men, bride prices in various regions tend to be high, competition is fierce, and various high costs make marriage difficult. In recent years, the marriage rate has been continuously declining, a fact that is hard to change. Moreover, many of those registering for marriage are remarriages, so the actual marriage rate is even lower. Consequently, the population will continue to shrink in the future, affecting trends for at least the next 20 years.

How to absorb so many surplus men? Either they remain single, or we can look at historical methods of population reduction. Additionally, houses will have no buyers or occupants, schools will decrease, and a large number of houses will become vacant. Except for prime locations in first-tier cities, times are changing, and the model of living off rental income is slowly evolving. #Finance #Metaphysics#