FoodBanter.com - View Single Post - Life is Better Than Ever [Thanksgiving + Food Interest]

Janet

In article >, says...
>
> On 11/22/2018 11:44 AM, Nancy2 wrote:
> > But Cindy, those low wages you speak of were plenty enough to support a family of four with a
> > stay-at-home mom. That is rarely possible any more unless the primary wage earner is in a
> > profession such as being a lawyer or a doctor or a dentist, etc. it isn't possible for the typical
> > office worker.
>
> Not sure which came first, the chicken or the egg. I believe that
> once two wage earning couples became the norm that housing costs
> started to rise.

I think what rose, was the lifestyle and spending expectations of
younger generations. They want lots of clothes, gadgets, meals out, a
car, entertainment, beauty products, expensive phones, credit cards,
and they can't imagine sacrificing any of that to scrimp and save for a
deposit, service a mortgage etc.

Janet UK