Japan was once known for ultra-low birthrates. Though still low, it now actually has the highest fertility rate in developed E. Asia, and is tied with China, where fertility is still tumbling.

Not having a 20x house-price/income may help.https://t.co/dgu7pnTwdF pic.twitter.com/4PeJGabSnD

— Mike Bird (@Birdyword) May 19, 2022