The decline in the number of households has led to a 4．1 trillion yen drop in spending on cars and televisions， with “one per household” and further reliance on tourists visiting Japan．
1Capital Region Tiger ★.Nov. 16, 2024 (Sat) 21:36:39.81ID:NKSnB2wB9
As population decline, which is directly linked to labor shortages, becomes a social issue, Resona Research Institute has announced the results of a study showing that the decline in the number of households, which begins later than the population decline, will have an even more adverse effect on the economy. The decline in the number of households is expected to have a negative impact on consumption of housing and large home appliances such as cars, televisions, and refrigerators, which are said to be purchased at least once per household, and it is estimated that this will lead to a consumption decrease of 1.2 trillion yen in the Kansai region. The only way to make up for this is to rely on inbound consumption (visitors to Japan). Japan’s population has been declining for 15 consecutive years since peaking at 127.07 million in 2009. According to population estimates released by the Ministry of Internal Affairs and Communications in April this year as of October 1st of last year, the total population including foreigners was 124,352,000, of which the Japanese population was 121,193,000, a decrease of 837,000 from the same month the previous year, the largest drop since comparable figures became available in 1950. On the other hand, the decline in the number of households begins after the population decline. According to predictions by the National Institute of Population and Social Security Research, a full-scale decline in Japan as a whole will occur after 2030, but in all regions except southern Kanto, the population has already begun to decline after peaking in 2020. By 2040, the number is expected to fall by just over 8% from the current figure of about 54 million households. Regarding the reason for the time lag between the decline in population and the number of households, Hideyuki Araki, a senior researcher at the Resona Research Institute, said, “Japan’s population decline is mainly due to a declining birthrate and aging population, but even if the number of children decreases, the number of households does not decrease immediately. “In fact, the increase in elderly households led to an increase in the number of households for a while.” He then sounds the alarm, saying, “For these reasons, the decline in the number of households has not been seen as as much of a problem as the decline in population.” ■ Large disparities between regions As the number of households declines, demand for expensive durable consumer goods such as houses, automobiles, and large home appliances, which are often “one per household,” will be significantly negatively affected. Domestic consumption has already begun to decline due to the declining population, but the decline in the number of households is expected to add to the decline, causing a significant slowdown. According to Araki’s calculations, the decline in consumption between 2020 and 2030 will be 4.1 trillion yen nationwide and 1.2 trillion yen in the Kansai region. Another problem is the large disparities in the decline in the number of households between regions. Southern Kanto, centered around Tokyo, and Tokai, where industries centered around the automobile industry, are showing an upward trend for the time being, but Hokkaido, Tohoku, and Shikoku are showing noticeable declines. Kansai, where there is a noticeable outflow of population to Kanto, is experiencing a faster decline than southern Kanto and Tokai, raising concerns that this could lead to disparities in economic growth. For the full text, see the source. Last updated: 11/15 (Fri) 19:07 ★1 2024/11/15 (Fri) 21:57:22.99 Previous thread.
Japan is an industrial nation, so all it needs to do is shift from domestic demand to foreign demand, and make money through exports. This is the way it should be.
>>19 20 million is not enough to reach 4.1 trillion yen. Democratic Party founder Ichiro Ozawa used up 400 trillion yen of public works during his four terms as Secretary General of the LDP. Before this election, he said that elections are all about money.
>>35 I think they’re the baby boomer generation because they hate the Koizumi administration. A real loser who failed even with the easy games of the bubble era.
I want to earn 6 million yen a year, with no overtime, full remote work, and working from home, while living in the countryside, but is that too much? I’ve heard that the average annual salary for a company in Tokyo is at least 7 million yen and if it’s full remote you can work from the countryside (Iwate), right? Assuming no overtime at all, I can aim for an annual salary of 6 million yen, right? By the way, I’m a 39-year-old college graduate.
It’s strange to think that TV is unnecessary now, that’s an old-fashioned way of thinking. You can watch all videos with apps, and you don’t really use your PC much except for tube. Even the 43-55 is super cheap and light enough to move around by yourself.
>>55 I think the essence of minimalism is slowly changing with the stripping away of things. It’s not that you can’t buy something because it’s expensive, but rather that if you don’t need it, then you don’t need to make that choice.
Comments