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Is this a surprise? People can barely afford to take care of themselves these days, why would they want to further burden themselves with a child?
Stop stealing everything from the lower and middle classes and giving it all to the rich, and this trend will magically reverse itself.
There was a podcast I listened to a while back that indicated the opposite, the idea was that the better off people are, the less likely they are to have kids. One of the explanations I remember was that the better off people are, kids are just another competing thing that they can do. For example, if you are well off and can go travel for a long period of time, you might be more inclined to do that vs deciding to have kids. Another stat was that birthrates were higher for lower income people.
Nah this is bullshit. Most people want to raise a family in a home they own. Take away that possibility of certainty of having a roof over your head and then planning for a kid sounds scary. If you don't want to accept that, you could also blame the micro plastics floating around in everyone's balls now because plastic was considered such a useful byproduct to the petroleum industry.
How do you explain the inverse correlation between income and the total fertility rate within and between nations?
To me it seems counterintuitive that having more money, or like you said about ability to secure a roof over ones head, would mean less chance of having kids but that seems to be a clear trend. Have you actually looked into it or you just making up bullshit?
My experience has been that my coworkers across several jobs that have kids tend to be both less educated and more religious. Regardless of income, my less ignorant coworkers tend not to have kids.
From the link you used, it seems to suggest it is less about where they have time to spend and more towards other reasons. The only one that would be affected by choosing between one and the other is between children and continued career but that could be fixed with better access to child care services (day care, etc...)