The younger generation is staring at their overworked and over-stressed parents asking themselves what the point is. More of them are taking less stable NEET jobs over big corporations in order to get more flexibility with regards to a work-life balance, and they aren't spending that extra time dating.
Worse, I was watching the Japanese news (~6 years ago) which had a discussion where an economist pointed out that while wages have stagnated since the late 1980's, base taxes have gone up from 2.5% to 22%. The younger generations now have elder parents asking why they aren't being taken on trips around the world like they supported their parents, and the answer is simple: no one can afford it, let alone afford to have children.
Worse, I was watching the Japanese news (~6 years ago) which had a discussion where an economist pointed out that while wages have stagnated since the late 1980's, base taxes have gone up from 2.5% to 22%. The younger generations now have elder parents asking why they aren't being taken on trips around the world like they supported their parents, and the answer is simple: no one can afford it, let alone afford to have children.