I would add to this is that the social pressures for having children have significantly diminished. I see a lot of people commenting on the side that having kid

I would add to this is that the social pressures for having children have significantly diminished. I see a lot of people commenting on the side that having kids has become more difficult, which there may be some truth to but what people seem to ignore is that it has gotten a lot easier and more enjoyable to be a single person without kids. Society has adapted to this new cohort of childless adults and are catering to them in new ways.