this post was submitted on 09 Aug 2024
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Well, when you keep reducing the demand, it's a bit easier to do.
Funny but despite famines, purges, wars, etc. their population generally grew quite a bit during the Soviet era. So I don’t think that was a major factor.
I wasn't being funny. I was mostly talking about their current war too, not their past. They've lost quite a bit of troops. Surely that's had a noticeable effect on their housing market.
Well, if you were serious, then you are greatly overestimating the effects of these events on their population. WWII was really the only one that had a big impact. Otherwise, growth was mostly pretty consistent, despite violence that would be rightly considered extreme in other societies.
The situation today is somewhat different because population growth has collapsed due to oligarchy and neoliberalism. We’ll see what effects the war has but so far the deaths are not really enough to change the overall trajectory. But either way, today’s society is very different since they don’t have the same housing production and distribution scheme, which is instead much more like typical capitalist economies.