The economics of children

1. Direct costs of raising children.
   1. Housing.
   2. Childcare.
   3. Education.
   4. Healthcare.
   5. Consumption expectations.
2. Opportunity costs of parenthood.
   1. Lost wages.
   2. Career interruption.
   3. Time scarcity.
   4. Unequal costs for mothers and fathers.
3. Economic insecurity.
   1. Employment stability.
   2. Housing affordability.
   3. Student debt.
   4. Wealth formation.
   5. Economic uncertainty and postponed family formation.