From the point of countries, politicians will perceive the ongoing situation as a wake-up call with regard to lower birth rates, more demands on houses, and more energy consumption. Firstly, more single households mean more single persons, and the population will shrink in the wake of falling number of married couples. Secondly, more houses are required to fulfill the need of individuals, which cause cities even more densely populated. London is a famous example; the number of houses has been stimulated by 48% over the past five years, and 80% of them are for singles. Finally, the consumption of electricity and gas will soar when more people choose to live on their own, and it will further pose a threat to our livelihood.
These steep price increases are visualized on the map below. From December 2010 to May 2016, the period depicted, the enormous increase in housing prices in China’s largely coastal megacities, such as Beijing, Shanghai, Shenzhen, and Guangzhou, is clearly evident, as is more moderate growth in smaller cities. To view changes over the entire time period bring the right tab to the left side near 2011, and drag it back to the right. Yellow circles indicate price increases — the larger the circle, the larger the change. Black circles indicate price decreases: