I think my issue with any of this logic is that, as house prices increase, are people saying that only people who are affluent enough, should even consider having children?
The issue that children NEED to have their own rooms or NEED space to study / have friends around / need to have x amount of extra curricular activities or some how they are being neglected is one that I don't get.
It's not ideal but I think it's better than a lot of other scenarios including ones where parents can afford those things but emotionally aren't available because they are perhaps too busy with work.
This is about what parents choose to prioritise, NOT about what the children NEED.
Children NEED food, shelter, school needs met and a loving and supportive family.
None of these things are materialistic.
I think it says a lot that there are many on this thread who ONLY see value in those materialistic things.
There's definitely a marked decline in birth rates because of this though and that will have long term social consequences too.