This is not even to mention that many parents simply do not care for their children well, as parental child abuse cases as well as the number of potential adoptees in the world is non-trivial. Now that is truly a cruelly selfish act more than any amount of not having kids can be, to bring a conscious entity into the world and then to let it suffer.
I’d also point out that the decision to have children is almost always one motivated by what people want for themselves, not some altruistic obligation. If asking people why they chose to have kids wasn’t taboo, I’d be willing to bet that the answers you’d hear back would be about what the parents want for themselves. At its core, “We’ve always dreamed of starting a family” is about the life the parents desire to live.
Or maybe parents are selfish? They ever asked their unborn child if they want to be born?
Individualism has been the cultural focus of education and child rearing for a long time. Having children changes who you are and can stand in the way of achieving your personal or professional goals.
I'm not sure it's a bad thing but it's easy to see how that could lead to less people wanting to be parents, especially women who've had a much more dramatic cultural shift in the last several decades.