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I hear that welcoming migrants is a great way to address this problem...
Good. We need to depopulate by 50%. The earth can't have 8 billion people. There are less than 30,000 polar bears in the whole world.
Sorry, can't do that under capitalism perpetual growth
line must go up forever
Carrying capacity of the earth is something like 15 billion with current technology, our wastefulness and overconsumption (of the rich, globally speaking) is the problem. Which reduction in population can mitigate, but not fix
Get to work juice boys!
Inflation, daycare, and work-life balance are the complaints I hear most. A ton of the jobs and good education are in Tokyo so people want to be there. This overloads all the daycare and other systems. Since corona, the floodgates have opened on price increases and inflation. Since 3/11 energy costs have been rising and things with Russia also hit (after nuclear, tons of fuel is needed and is imported, often from Russia).
Having more things in other parts of the country that still paid well would help. Where I live (in Tohoku) daycare slots are plentiful and there are all kinds of subsidies for kids. The only jobs here, though, are fishery, forestry, agriculture, etc. My town is less bad because a lot was rebuilt after the tsunami, but the lack of people also means a lack of tax which also means infrastructure suffers. Rust and crumbling things everywhere.
I still don't understand how a falling population leads to a society crumbling.
The only thing a reduction in population does is make domestic labor more expensive. If that increase in expense outpaces the product of your society, that's not on the population, that's on the sustainability of the society.
And that's only the capitalist way of looking at it.
In most places, because the economy needs to grow so it stays ahead of its growing loans and debt (overly simplified). To grow, you need more workers and customers. If population doesn't grow, and you don't have immigrants to do the producing and buying instead, things stagnate, very lower interest rates that the system can't really handle, government keeping the economy together with duct tape, general welfare not doing great what leads to even less population growth. But every place is a bit different and its own challenges of course.