Why No One Wants to Have Kids Anymore

REFERENCE LIST
[1] — South Korea fertility rate 0.72 (2023 record low); 0.75 in 2024 Source: Statistics Korea, reported by Korea.net (Official Republic of Korea website) → https://www.korea.net/NewsFocus/Society/view?articleId=267262

[2] — Japan fertility rate 1.20 Source: Macrotrends — "Japan Fertility Rate 1950–2025" (citing World Bank / UN data) → https://www.macrotrends.net/global-metrics/countries/jpn/japan/fertility-rate

[3] — Italy 1.18, Spain 1.10, Germany 1.36 (Eurostat 2024) Source: Eurostat — "EU fertility rate drops to record low of 1.34 in 2024" (Eurostat News, March 6 2026) → https://ec.europa.eu/eurostat/web/products-eurostat-news/w/ddn-20260306-1

[4] — US fertility rate 1.62 (2023), below replacement Source: CDC National Center for Health Statistics — "Births: Provisional Data for 2023" → https://www.cdc.gov/nchs/data/vsrr/vsrr035.pdf

[5] — US cost of raising a child approximately $310,000 (birth to age 17, USDA inflation-adjusted) Source: USAFacts — "How much does it cost to raise a child?" (citing USDA Expenditures on Children by Families report) → https://usafacts.org/articles/how-much-does-it-cost-to-raise-a-child/
[6] — US university costs $108,000–$340,000 for a four-year degree Source: College Board — "Trends in College Pricing 2024" → https://research.collegeboard.org/trends/college-pricing
[7] — UK cost of raising a child to age 18: £260,000 for couples, £290,000 for lone parents (2024) Source: Child Poverty Action Group (CPAG) — "The Cost of a Child in 2024" → https://cpag.org.uk/news/cost-child-2024
[8] — UK university tuition £9,535 per year; total costs approximately £64,000–£74,000 Source: UK Government — "Student Finance England: tuition fee loans" → https://www.gov.uk/student-finance/tuition-fees
[9] — Average age of first-time buyer in England: 34 years (2024–25) Source: UK Government — "English Housing Survey 2024–25 Headline Report — Chapter 3: Housing History" → https://www.gov.uk/government/statistics/chapters-for-english-housing-survey-2024-to-2025-headline-findings-on-demographics-and-household-resilience/chapter-3-housing-history-and-future-housing

[10] — Average age of first-time buyer in Australia: 36 years Source: Pearler — "How the average first home buyer has changed in Australia" (citing UNSW research and ABS data) → https://pearler.com/learn/read/average-first-home-buyer-australia
Also confirmed by ABS-citing sources: → https://mcgrathch.com.au/john-mcgrath-its-never-too-late-to-buy-your-first-home/

[11] — US first-time buyer average age in major cities (late 30s) Source: National Association of Realtors — "2024 Profile of Home Buyers and Sellers" → https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers

[12] — UK nursery costs approximately £157 per week / £7,500+ per year (child under 2) Source: LV= — "How much will it cost to raise a child in 2025?" → https://www.lv.com/life-insurance/articles/cost-of-raising-a-child

[13] — Hungary fertility rate: 1.23 (2011) → 1.61 (2021 peak) → 1.39 (2024) Source: American Enterprise Institute — "Hungary's Fertility Outcomes Highlight Pro-Natal Policy Limitations" (November 2025) → https://www.aei.org/op-eds/hungarys-fertility-outcomes-highlight-pro-natal-policy-limitations/
Also confirmed by OSW Centre for Eastern Studies (January 2026): → https://www.osw.waw.pl/en/publikacje/osw-commentary/2025-04-14/hungarys-ongoing-demographic-decline-increase-birth-rates-only

Видео Why No One Wants to Have Kids Anymore канала Thomas Economics