| I really don't buy that argument at all. My parents lived in apartments. Parents for all of human civilization and history have lived in worse. The fastest growing populations have less money and safety nets than middle class folks. It's the dopamine and time suck. Men and women aren't bored and looking to fill the void and boredom with children. (Kids also can't work as free labor on the farm anymore, either, but that just adds to this argument.) Kids keep you from nights out with the friends, dating, concerts, fortnite, girl gossip, phone time, etc. People are choosing "I don't have time for kids (now)" and continuing with their dopamine filled lives. House purchase planning is orthogonal. |
In much of the world, the most expensive real estate is apartments.