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TopicMillenials not having babies could be a drag on economy; crimp growth by 1-2%
emblem-man
02/25/24 9:35:20 AM
#57:


I agree with the general idea that childcare expenses and housing have increased in price too much over the last few years.
I don't particularly think that if those things became cheaper, the birth rates would drastically change though. It'll help sway many of those on the fence, but the type of birth rates of the past seems done with.

People were having lots of kids with one parent staying at home, and living in small 1000sf house and a single car with 4 kids or whatever. People could do shit like that today if they really wanted to, but they obviously shouldn't.

We have much higher standards of living and for most of us it's not worth significantly decreasing that lifestyle for more kids. And that's completely fine.

We only have 1 kid and we don't plan for anymore, but it's not purely a monetary or work hours issue. It's just tiring. I'm pretty sure parents these days devote a lot more parenting hours into their kids than parents of the past as well, so spreading that amount of time over more kids is even more difficult. Parents devote a lot more time into their kids than they used to.

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