2 ms·
My instinct has been that decline in birthrate is directly connected to the distribution of wealth, at least in the US. Boomers could afford a house and 6 kids
by adam_patarino 1y ago
My instinct has been that decline in birthrate is directly connected to the distribution of wealth, at least in the US.
Boomers could afford a house and 6 kids on one person’s salary.
Today both parents need to work just to afford the basics, let alone child care and food. That economic pressure has to have some affect on birthdate.
- jleyank 1y agoSalaries were probably equal to or better. Far, far less stuff to spend money on. Houses were (way) smaller and less featureful. Kids were self-amusing and out of the house in packs all day.
- adam_patarino 1y agoPrice per sqft has risen 60% and median housing price has dramatically outpaced median income. https://brilliantmaps.com/us-houses-prices-1950-2024/ https://brilliantmaps.com/us-houses-prices-1950-2024/