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I hope that as time goes on more people are realizing the diseconomies that having a dual-income household creates. Chronic stress, outsourcing the maintenance
by CompelTechnic 8y ago
I hope that as time goes on more people are realizing the diseconomies that having a dual-income household creates. Chronic stress, outsourcing the maintenance of the household (cars, going out to eat, etc), higher tax brackets, childcare, a lot of it adds up faster than you think. Ambition for more fuels the dual income dream. Misplaced ambition is a killer.
Another reason to save a large fraction of your income- to pay off the house quickly and get back down to a single income household, or have both people go part time. Very liberating.
The big thing working against it though, is that land and luxuries are positional goods, and people will continue to work hard in order to outbid eachother in order to have more of these positional goods. This is why I'm afraid the dual-income trend will not reverse.
- marcosdumay 8y agoMost people learn to give up on chasing luxuries sooner or later. The one modern problem is "land". It's not even just that. Land is actually very plentiful, the problem is the small amount of land available in desired places. And it's again not what it looks like, because desirability is not some intrinsic characteristic of the land anymore, instead the land is desirable because for some reason all the employment opportunities are there. I really don't understand how employment got to be so much geographically restricted. But it is about this that people are fighting at current positional markets.
- JoeAltmaier 8y agoBecause, buildings. And social structure.