But the women who can afford all those things aren’t having more babies… that’s the whole point.
Women in peak baby-making and baby-affordability situations are still having very few children.
I like to give the example of 90s supermodels. A group of women for whom the supposed ‘barriers’ to large families do not exist: 1) their career/earnings peaked in in their 20s and they could retire by 30 with 10s of millions in the bank; 2) they have their pick of the richest, most eligible men and indeed many married extremely rich men; 3) they have access to all the help they could want: multiple nannies, a cook, housekeeper, etc. There’s no juggling the 9-5, a commute etc. with motherhood. 4) They had children long before any COL worries, during the boom years of the late 1990s and 2000s.
If there’s one group of women who could have easily had 3, 4, 5 children, it’s this group.
Yet these are their fertility stats:
Cindy Crawford - 2
Kate Moss - 1
Claudia Schiffer - 3
Naomi Campbell - 2
Linda Evangelista - 1
Helena Christensen - 1
Christy Turlington - 2
Lower than the national average...
(If you extrapolate to the rich & famous more broadly, you see a similar trend.)