World population declining?

One thing that might happen in a no-growth global economy is that really important individual basics like housing and transportation are re-focused to be easily maintenanced instead of complex. Maybe public transport comes back, maybe housing is smaller with most items fixable with a pack of components and a YouTube video.

There was a discussion elsewhere about how many foreigners were willing to forego the securities of their home countries for the opportunity to engage in the decidedly more capitalistic US system. What if de-population squelches those capitalistic growth opportunities in favor of greater security and wealth equality?