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The solution to this is more housing.
Destroy land downtown and put in higher density and more public transport. Put in LVT. Rents and houses will decrease in price. Discretionary income will increase which means taxes can go up but people can actually buy more goods and services. That will grow the job market and the economy and further raise taxes revenue. Then you can also fund things like childcare and paid work leave which will solve the declining birth rate (but I think it should still be below 2 ideally and countries need to deal with that)
There are easy solutions to these problems within the system we have. Nothing extreme needs to be done but they involve governments flexing their muscles and pissing off a few people with money and power (including the people in government making money off this system)
What will actually happen is governments will rather let the whole system collapse in on itself and will increase immigration which will keep house prices high and wages low.
You make it sound like only one issue will fix it. Other countries that tried to increase birth rate, needless to say mostly for nationalistic/racist reasons have so far failed. Look e.g. at Hungary. They try everything but the birth rate is still declining.
There needs to be much more affordable housing and public transportation, but immigration is also inevitable in helping mitigate the effects of the aging population. And I think migration is a good, normal thing to happen. Humans have been moving around all the time, otherwise we wouldn’t be spread all over the globe.
But there also needs to be an environment where people feel comfortable getting children when thinking about climate change and the future world that they’d bring the children into.
So there are many things that go hand in hand and what I read from your comment is more like migration problem must stop, build housing solution done.
Lowering population is an overblown issue. House prices will collapse and everyone will have a lot more money to spend on things like kids.
That comment is not about immigration that's about expansion. Humans mostly fight other humans that come onto their land, if anything that's the norm. So I don't think that's conveys the point you want.