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scoofyyesterday at 9:18 PM18 repliesview on HN

This is really the message of Abundance.

If you want people to have kids, you need to make sure they are economically secure by the time they are of childbearing age... which means before they are 30. To do that, you cannot have supply constrained zero-sum shortage anywhere in society. It means that the cost of an apartment needs to be at-or-below the cost to build that apartment so people can just save up and buy one early on in their career.

We need to not just allowing housing to get built, but actually we need to go as far as subsiding housing that nobody needs so that it's built before that need ever arises.

This is effectively impossible in a democratic society, and we are going to learn just how impossible it is as western society slowly collapses under the weight of its own social programs. It's honestly horrifying to watch.


Replies

accurrenttoday at 12:53 AM

I agree that affordable housing is crucial, but the idea that this is 'impossible in a democratic society' ignores global realities. Several democracies heavily subsidize housing—look at Vienna's social housing model or Singapore's HDB system. Yet, this has not solved the birthrate problem; Singapore’s fertility rate recently hit a record low of 0.87.

Ironically, the highest birth rates globally occur where economic security is non-existent, a state of living none of us want to return to. What is truly worrisome about a country like India is that it is facing sub-replacement fertility before fully industrializing. In states with highly unique identities like Tamil Nadu and West Bengal, the native population has already fallen well below the 2.1 replacement mark. While internal migration from higher-fertility northern states fills the gap, it creates significant political and cultural friction.

In developed countries, the state can at least leverage accumulated wealth to bankroll healthcare and social services required by a rapidly aging population. In a developing nation like India, they risk growing old before they grow rich, leaving an aging population without the robust safety nets or fiscal runway of the West- we might even see the country slide backwards into sub-saharan African levels of poverty

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dgoldstein0today at 7:18 AM

The economics almost certainly play a role, but I think the better way to think about it is how we economize time too.

if you are chasing a career, putting in 40,50,60 hours a week - how can you take time off to have a kid? who is going to take care of the kid?

Increasingly having kids has gotten more expensive - housing, childcare costs, and general expected investment/supervision of children. In agricultural societies, kids often helped out with the farming; send them to school and they are around less to help. Say that kids can't roam around outdoors unsupervised, and caregivers have to spend even more time watching (older) children. Etc. And as people increasingly move further from where they grew up to chase good jobs, that means they are on average further from their families who would have helped with childcare in previous generations.

The economic realities factor in too - people are waiting longer to get married because they want to date financially stable people, and financial stability is on average taking longer to achieve. But if you had to move to a more expensive city, further from family... that's a recipe for couples where both work and perhaps have to work to make their finances work. Babies have become a luxury item in these higher cost of living places.

if we want more children, we need to make it easier to be a parent. Cheaper / free childcare, better parental leave policies, and cheaper cost of living so that people who want to be stay at home parents can have that option.

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jschveibinztoday at 12:45 PM

No disrespect, but historical evidence does not support this argument. I've seen similar claims made in other threads.

Fertility rates have been decreasing (multiple factors) since 1850, even while general prosperity has been increasing. There is a connection between economic uncertainty and marriage/families over the short run. But the most likely causes of declining birth rates are cultural: modernization, freedom, female economic participation, contraception, later marriage or no marriage, etc.

The world has advanced, and the requirement to procreate has diminished. There is lower want/need from eligible individuals.

My parents had no money at all when they married and they were able to scrape together enough to raise three children.

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tw04today at 11:23 AM

> and we are going to learn just how impossible it is as western society slowly collapses under the weight of its own social programs.

Social programs aren’t what’s causing western society to collapse. Wealth consolidation on the other hand…

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moltartoday at 4:10 PM

Yeah, exactly that. Most friends I have in Canada only started to have families once they were able to secure appropriate-sized dwelling. Which didn’t happen until late 30s. And current generations possibly cannot afford it at all in many jurisdictions. And stories I read from back in the day were “a factory worker and a teacher bought and paid off a house in downtown Ottawa in 3 years” are just insane. If I had that kind of purchasing power today I’d have more kids for sure.

chr1today at 1:41 AM

Cost of a great apartment by 1920 standards is affordable to anyone before they are 30, the problem is that they want to add lots of nice but non-essential things to that house driving the price up.

If you subsidize building houses, you merely will drive up standard of living without moving childbearing age.

The problem is about priorities not resource constraints.

And solution will be either enough people/countries dying childless and miserable to force the remaining to assign higher priority to children, or technological development of artificial womb and lifespan enhancing drugs to make it possible to have children at 40 when their brain starts to work.

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pj_mukhyesterday at 9:49 PM

Agreed with all of this but,

"cost of an apartment needs to be at-or-below the cost to build that apartment"

That's not true, its that the cost to build the apartment is far too high and the cost is totally passed on to a the public, thereby hovering up any disposable income that might go towards having a child.

There can be a profit margin, but the cost needs to be low.

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jrmgyesterday at 10:02 PM

This is really the message of Abundance.

I both liked Abundance and think there’s truth to what you’re saying.

But it wasn’t what I took away from the book (perhaps it was in there - but what I really got was ‘for a better future we need to stop shooting ourselves in the foot, and be prepared to enthusiastically think of and promote the greater good rather than protecting every single valuable individual thing’)

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broken-kebabyesterday at 11:11 PM

It's 2026 now and we know for sure that applying purely economic stimuli did nothing substantial to birthrate anywhere. FWIW kids of rich parents do not procreate somehow better even if they are not constrained by housing market.

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pyraletoday at 10:04 AM

> This is effectively impossible in a democratic society

Why exactly would a democratic society oppose this? Are you conflating democratic and capitalist?

Most if not all postwar European societies had ambitious social housing projects that aimed to secure housing for young workers.

throwaway629532today at 9:16 AM

> If you want people to have kids, you need to make sure they are economically secure by the time they are of childbearing age... which means before they are 30.

I’m 24 and have enough money. I want kids. I think I won’t be able to have any. Most of my friends are in the same boat.

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rafaelmntoday at 5:15 PM

At no point in history did we have economic security at child bearing age and the assumption that it has a correlation with number of children seems to go against the data.

socalgal2today at 7:38 AM

There's no evidence of this what-so-ever

Every indication points in the opposite direction. The more abundance the less kids. Read the data.

Your intuition is just flat out wrong. People don't want kids because they don't want kids. Pretty simple. Society changes with abundance. That abundance leads to more leisure activities more education which leads to a more diverse set of options for life and so more people choose some option that does not include having children.

jiggawattsyesterday at 11:05 PM

I’m in my fourties’ unable to afford a three bedroom apartment in my city with an income in the top two or three percentile. I’ve had boomers tell me with a straight face that “they did it” so it can’t be that hard despite a 5x increase in housing costs relative to income.

I’d have to spend every single post tax dollar for two decades to afford an actual house. Not counting interest and other taxes and council rates. I’d have to work for 70+ years to afford a nice house in a nice suburb!

“Have more children!”

“Make housing affordable!”

“My retirement fund is all in property and banks!”

There’s your problem.

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TurdF3rgusontoday at 2:59 AM

Except that 100k years of not being economically secure at childbearing age and having kids anyway... disagrees with you.

shimmanyesterday at 9:59 PM

No, that is you are reading into what abundance is. Abundance is mostly neoliberal economic ideas repackaged for the current iteration of consultants where workers are entirely excluded from the processes, unions are the enemy, and regulation is actually evil this time (pinky swear this time!).

Thank fuck voters aren't buying this garbage.

I also find your retort equally misleading. Social housing is a solved issue. The problem is that we are letting greedy developers dictate the type of housing to be built. Kinda what the book abundance never mentions, who actually are the ones with power and how they are wielding it to thwart progress.

Blaming democratic societies is even more frankly bizarre too. America has always been deeply antidemocratic and has thwarted the will of the people at every opportunity of progress (every delegate voted against the bill of rights when first mentioned (took a threat of violence to add it), labor rights, ending slavery, universal suffrage); the problem has always been authoritarians against the people.

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rluna828yesterday at 9:43 PM

Some mathematicians ran some numbers and diferent societies have different lowlying fruit. None of his improvements get societies to 2.1, but will theoretically move them to ~1.8. I'll find the source if people ask. 1. End toxic masculinity (machismo) in middle east and LatAM. No woman who knows how to read want to beaten or enslaved. 2. Jobs and Housing: Europe and America respectively. More three bed-room houses would add kids in California for example. Jobs for young people would children in Spain. 3. End afterschool tutoring and add spaces at universities. In Japan, Korea, China having more than one child means less money for tutors for the first kid (boy or girl). This is the easy stuff. For the extreme right, male literacy is inversely proportional with fertility too. lol! For my lefty friends, women are currently having as many kids as they would like, that's a oppression or tragedy or unfair.

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