[quote=FlyerInHi][quote=njtosd][quote=FlyerInHi]The very idea of imputed income as you put it CAr, is just weird.
Value is the what the market will pay, no more, no less.
More kids, more work = more income/savings? sounds ludicrous.[/quote]
Imputed income is a tax concept. Take a look back at my earlier post on this matter. It is particularly discussed in terms of real estate but it is just an interesting concept in terms of what this thread is addressing[/quote]
Yes, I realize that.
But CAr renter implies that all the work done around the house is income/savings.[/quote]
Because it is. Read the links I’ve provided; you’ll get a better understanding of what I’m talking about. All of these jobs can be done by hiring a third party. The value of that work can be fairly easily ascertained by looking at what it would cost to outsource all of this work. It doesn’t matter who does the work; the work still has a monetary value, just as installing your own solar panels, or fixing your own car has a monetary value.
And with all due respect, Brian, you have *no idea* how much work is involved when taking care of a family. It is nothing at all like tidying up after yourself as a single person; there is absolutely no comparison, whatsoever.
