Sell low birth 11 years five years may prolong the housing crisis @China (Mainland)

Nov. 21 (Bloomberg) - Frances Janisch had a daughter five years ago. Now she and her husband can not have a second child, because the income from your photography business in New York is erratic.

"I always imagined that I would have two, so it bothers me that I do not," said Janisch, 41, who grew up with a large extended family in South Africa. "It has everything to do with economics."

Similar decisions to postpone or forgo having children may delay recovery of the housing crisis in the U.S. five years and limit future consumer spending for goods and services of child care to diapers, soap and toothpaste. The expenses associated with a child for a family of average income is $ 226.920 more than 17 years, with housing, increased spending, the U.S. Department of Agriculture estimated in June.

The number of births fell to an estimated 4 million last year, the fewest since 1999, according to the National Center for Health Statistics data. American families - whose finances have been affected by unemployment, falling home prices and low pay raises - lack of confidence in plan for "spending explosion" that requires a new child, says Peter Francese, a demographic trends analyst, in Exeter, New Hampshire, for the MetLife Mature Market Institute. Births in the U.S. not recover until 2013, he predicts.

Post by shanshan Du    Products    @2011-11-22 11:13:01

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