There are many policies that reduce the supply of goods and services that parents and children need, and therefore lead to rising costs for family necessities like food, housing, clothing, transportation, and childcare. Policies including tariffs, regulations, and licensing rules reduce affordability, while the value of parents’ wages erodes due to historically high inflation. However, housing arguably constitutes the most substantial and most inescapable financial cost associated with raising a child. U.S. Department of Agriculture figures indicate that for families, the cost of housing is...

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