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And also the hedonic treadmill. Living standards have risen dramatically, with people unwilling to give even superfluous things up. Housing square meters per ca
by legulere 4y ago
And also the hedonic treadmill. Living standards have risen dramatically, with people unwilling to give even superfluous things up. Housing square meters per capita have quadrupled since the baby boom for instance.
- bell-cot 4y agoCompare the costs of medical bills, day care, & college tuition for a 50th percentile U.S. household income now, vs. the equivalents in (say) 1960. And back then it was normal and accepted to let your kids roam the town all day (outside of school hours) - vs. laborious modern helicopter parenting. Merely being willing to live in a small house, with broadcast TV, etc. would get you nowhere near the affordability of having children ~65 years ago.