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It's also interesting to see the fertility rate by income. Basically only bottom 20% and top 1% of US are above replacement rate. I can't find the graph I wanted to show this, but this one is pretty close: https://twitter.com/cschmert/status/993934031174725632


Lots of people who are not in the top 1% and bottom 20% are in cities with severely constrained housing supply


Yeah, that's probably a big part of it.




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