I can't ignore the profound degradation in the American standard of living as a contributing factor, especially in the last ~5 years (the recent housing bubble and "transitory inflation" (remember that one?) being disproportionate contributors.
This is paired with the lack of stability in employment seemingly across sectors and general economic uncertainty.
I hear concerns like the following, across social groups:
"I'm 'paid well' but live in this dusty old apartment building that's, at most, 700 sq ft."
"If I lose this job, what's the likelihood I make the same amount to even afford this? How long will the job search take?"
Few other things: I pay more for car insurance now than I did when I was in my early 20s, despite driving a far slower, more pedestrian car. Food prices are laughable, even rent far out from major employment centers is much much more than it was even in the late 10's, etc.
I think all of these are major factors that almost noone is immune from.
Almost everyone I know will express some sort of exasperation and lack of security related to the above. These are not the conditions that motivate people to have kids.
This is paired with the lack of stability in employment seemingly across sectors and general economic uncertainty.
I hear concerns like the following, across social groups:
"I'm 'paid well' but live in this dusty old apartment building that's, at most, 700 sq ft."
"If I lose this job, what's the likelihood I make the same amount to even afford this? How long will the job search take?"
Few other things: I pay more for car insurance now than I did when I was in my early 20s, despite driving a far slower, more pedestrian car. Food prices are laughable, even rent far out from major employment centers is much much more than it was even in the late 10's, etc.
I think all of these are major factors that almost noone is immune from.
Almost everyone I know will express some sort of exasperation and lack of security related to the above. These are not the conditions that motivate people to have kids.