I’m not talking about home ownership increasing, I’m talking about the amount of kids decreasing.
Like, say there’s a pizza, if it’s just you, that’s more pizza than you should eat. If you have to share it with 9 people, there’s not enough for anyone.
Because the price of homes drastically increased, and number of kids keeps declining, that means there’s more “pizza” and less people to share it with.
Even without homeownership, less kids still leads to a larger inheritance per child.