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Isn't it partly expected though? I never looked at the stats for single income vs dual income families over time, but my instinct tells me that single income wa
by shados 7y ago
Isn't it partly expected though? I never looked at the stats for single income vs dual income families over time, but my instinct tells me that single income was much more common in the 80s, and dual income is much more common today than it was back then. So even if single income had drastically gone up, they'd be "competing" with dual income families on a global level.
And sure enough, when you look at house prices in an area, they very much seem priced for dual incomes.
All anecdotal and unverified guesses, mind you. But even a highly paid software engineer in SF will have no hope of competing with a DINK family of equally paid software engineers, for example. And there's more and more of those. I assume the market's following.