A household with 1 income is almost impossible for most households, they have to compete in a housing market with other families that do have 2 incomes. This automatically raises real estate prices for everyone.
A household with 1 income is almost impossible for most households, they have to compete in a housing market with other families that do have 2 incomes. This automatically raises real estate prices for everyone.
You are making an argument in favor of Warren’s thesis in “The Two Income Trap”
https://en.m.wikipedia.org/wiki/The_Two-Income_Trap