My friends without kids typically find ways to spend money doing other things, people need to occupy time. They travel more, have memberships to wineries, and e

My friends without kids typically find ways to spend money doing other things, people need to occupy time. They travel more, have memberships to wineries, and eat out multiple times a week. People without kids also tend to compete in different areas for housing. A place with a great view in a bad school district could be appealing. Where people with kids typically want a SFH in the burbs in a good school district. Really the strongest competitor in the housing market is the older generation with more disposable income and a house(s) already.