It actually seems like single people would drive the economy more than a married couple. A single man and single woman would need 2 places to live, 2 sets sets of all household items, both would be paying separate utility bills, etc.
I spelled it out above in my post. If it doesn't, great. But that is a BIG if. Unfortunately, it often does effect people who are not a party to the divorce. To the co-workers who are missing work, and not paying attention to their work due to their divorce, to neighbors having to live next to a couple in the middle of a divorce and not keeping their house up. To parents getting divorced whose kids "seek asylum " at their friends house because their home is not a good place to be.
The absurdity of the statement.
Tell me what's absurd about it. What am I missing? This is basic Econ 101.
Do they have discretionary income for vacations and luxury items or are they just paying the bills and getting by or worse are they taking on more debt? Paying utility bills does very little to drive the economy.
Better yet, why don’t you tell me how the cost of living isn’t related to the economy.
Because you’re the one with special knowledge about why it’s absurd. I’m eager to be enlightened.
Just start with CPI and go from there.
My neighbours who are getting divorced just lowered their house price by 75k. I think they are getting desperate. This is not the best time of year to put a house on the market.
Does the married couple with 2-3 kids have discretionary income for those things? One's marital status has very little to do with their income status. I could even say that a single person with no children income potential could even be higher because they do not have the obligations that go along with a family.
You would have to have a very high income as a single person to qualify for a home in my neighbourhood. I think that is true about every where right now. The average age for homebuyers is at all time high at 56 years old.
And what does home ownership have to do with the having discretionary income? Not everyone needs to be a homeowner. In fact one can say that by renting a more affordable place to live you would have MORE discretionary income.
I guess, but rent is just as high. Two incomes make it easier.
No doubt about it two incomes can make things easier, I even said as much above. But when you add kids into the mix the discretionary income does start to dwindle. But marriage in and of itself does not mean that a couple has more income than a single person. A lot goes into than that, like what jobs the individuals have.
I agree, it’s not better. It doesn’t happen any more, but I used to get comments about my daughter coming from a broken home. I’d reply with yes, it was broken; that’s why I left.
Not unique but more likely in my experience.
Most things are unique to your experience and unlike anything the rest of us deal with. May the rest of us lead the charmed life you have with all your perfect decisions.
