TV’s was just an example. My point was the same as yours. Technology has moved forward and societies expectations along with it. People consume alot more discretionary goods than before but because of globalization they are cheaper. Women weren’t forced into the work place, they demanded equal opportunity. I’m not one who beleives kids need stay at home Mom’s to be brought up properly. I beleive women workers are every bit as good as male workers. I also believe Dad’s can do a great job with kids too.
With less spent on consumer goods in todays society that freed up more money for long term/investment type expenditures. I understand the dangers of households having higher long term fixed expenses but beleive that is not worse (and maybe better) than people not being able to afford everday purchases. If housing is too expensive in a market like this, renting is a fine alternative.