Infant

• Gen Z, whose members generally have less equity in their homes, will likely stay put for a while.
• SEATTLE, April 8, 2024 /PRNewswire/ -- New research from Zillow® shows older homeowners and those in less expensive metros are the least likely to be discouraged from moving by today's higher mortgage rates – with Boomer homeowners in Pittsburgh leading the way.
• About 10.8 million current homeowners nationwide, or 13%, should be immune to the effects of high interest rates.
• "The so-called mortgage rate lock-in effect has seriously curtailed both home sales and inventory over the past two years.

• And population characteristics can tell us much about how the inhabitants of a place have changed over time and where the population might be headed in the future.
• Unpacking Australia’s population composition reveals the challenges and opportunities that lay ahead.

Living longer and with fewer children

• Our increased longevity, alongside below-replacement fertility, means Australia’s population is structurally ageing.
• The challenges of an ageing population include greater aged care needs, amid a relative shrinking workforce.
• In other words, populations like Australia need to work out how to fund more with fewer financial resources or risk declining living standards.
• The shape of population age distribution matters more than ever, especially with evidence indicating children in Australia will be outnumbered by people aged 65 and over in the coming ten years.

High short-term growth, potential for population decline

• Australia’s population has grown at a historically high rate since the reopening of international borders during COVID-19.
• Most of Australia’s population growth is from overseas migration, as has been the case since 2005 (except during COVID border closures).
• Natural population increase – the number of births versus deaths – also contributes to Australia’s rising population.

More diverse than ever

Half the world has below-replacement fertility, and the average number of births per woman is set to decline even further. Australia is competing with the likes of Germany, Canada, the United States, New Zealand and the United Kingdom to attract suitable people to migrate.

• From a Blak country to a European colonial settlement, Australia now relies heavily on people migrating from India and China.
• First Nations people, for example, have a much younger age profile and higher growth rate than the non-Indigenous people.

City living

• Australia’s population is also highly urbanised, with a high concentration of people living along the southeastern coastline from southeast Queensland to Victoria.
• By 2036, Melbourne is projected to be Australia’s largest capital city, not surprising give Sydney has a considerable surplus of people moving to live in other places in Australia.
• More people are living alone, and the number of people in each household on average is declining.

Liz Allen does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

• Knowing that her breast milk was the best nutrition for Charli, Moultrie tried pumping to get her milk supply started.
• After two weeks of consistently pumping with scant results, Moultrie was grateful to learn that Charli could receive safe, pasteurized human milk through the hospital's donor milk bank.
• The milk bank also has a legacy program for women who have lost a baby but want to donate their milk to help other infants.
• “But there are times around the holidays and during the summer when we only have enough milk for hospitalized babies.”
  This means the milk bank is not always able to provide milk to babies who have been discharged from the hospital with a doctor’s prescription for pasteurized donor human milk.

• (NASDAQ: RDFN) — Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
• More than one-third of homeowners and renters (34.5%) who struggle to afford housing indicated that they skipped vacations in the past year in order to afford their monthly costs.
• Roughly 1 in 6 (15.5%) Gen Xers who struggle to afford housing dipped into retirement savings to afford monthly housing costs.
• And homeowners (59.9%) were roughly twice as likely as renters (30.8%) to indicate that they easily afford their housing payments.