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# China's Working Age Population | Passive Funds - AUM | Luxury Apartments In Full Swing
- URL: https://www.thejanusobserver.com/chinas-working-age-population-passive-funds-aum-luxury-apartments-in-full-swing/
- Published: 2020-01-17T12:00:00.000Z
- Updated: 2026-10-25T19:53:16.000Z
- Author: Jonathan Janus
- Tags: Uncategorized, China, Luxury Apartments, Passive Investing, #Migrated-1792957904788, #wp, #wp-post, #Import 2026-10-25 19:52

WSJ - Daily Shot: Caixin - China's Working-Age Population 1/15/20 

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_daily-shot_caixin_size-of-chinas-working-age-population_2020-01-15.png)

[FT - Index funds break through $10tn-in-assets mark amid active exodus - Robin Wigglesworth and Alex Janiaud 1/7/20](https://www.ft.com/content/a7e20d96-318c-11ea-9703-eea0cae3f0de?mod=djemDailyShot&mod=djemDailyShot&ref=thejanusobserver.com)

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/ft_passive-fund-assets-under-management_2020-01-07.png)

[WSJ - Aiming at Wealthy Renters, Developers Build More Luxury Apartments Than They Have in Decades - Will Parker 1/15/20](https://www.wsj.com/articles/aiming-at-wealthy-renters-developers-build-more-luxury-apartments-than-they-have-in-decades-11579084202?mod=hp%5Flead%5Fpos13&mod=djemRealEstate%5Fh&ref=thejanusobserver.com)

*Builders are on track to finish more new apartments in 2020 than in any year since the 1980s, a new study shows, with developers across the U.S. chasing after the more affluent tenants.*

*An additional 371,000 new rental units are expected to hit the U.S. market this year, which is a 50% increase over the number of new units completed in 2019, according to an analysis from real-estate analytics firm RealPage.*

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_new-us-apartment-construction_2020-01-15.png)

*State and local governments are grappling with how to create more rentals to combat the rising cost of housing for middle- and lower-income families. But as much as 80% of new supply this year will come from luxury developments, or what the real-estate industry calls “Class A” properties, said RealPage chief economist Greg Willett.*

*This year’s surge signals that projects planned around the 2015 peak of the rental market are reaching completion.*

![](https://storage.ghost.io/c/df/b1/dfb1dfbb-f8fb-4ec3-bf5b-87cf7344bdd1/content/images/2026/10/wsj_projected-apartment-completions-by-major-us-city_2020-01-15.png)

*The lack of single-family houses available for sale, and the rising price to buy them, has been one major boost to the luxury rental market, Mr. Bahrami said.*

*And although rental supply this year is the highest in more than 30 years, the construction of single-family homes for sale is well below historic norms, sending more people in search of apartments, said Calvin Schnure, chief economist for the National Association of Real Estate Investment Trusts, a trade group.*