[quote=sdrealtor]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.[/quote]
Options are always better than no options. While some may argue that SAHPs are not necessary, others can just as effectively argue the opposite. Elizabeth Warren was pointing out the fact that we no longer have the same options as we once did, and if you read “The Two Income Trap…” by Ms. Warren, you’ll better understand why two incomes have actually harmed us far more than they’ve helped, financially speaking.
Obviously, a woman’s ability to leave an abusive husband is a benefit of women entering the workforce, but, because so many families are dual-income, she is more likely to end up having less purchasing power and is more likely end up in poverty than a single/divorced woman in the 1960s or 1970s who held the same job.
BTW, Warren is not just talking about “housing prices around here,” she’s talking about housing costs, in general — that includes renting, even “over there.”
