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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (8897)	2/14/2003 7:24:43 PM
From: Skeeter Bug	Respond to of 306849

To think that a vast majority of americans are in debt to their eye balls and have to work is foolish IMO. Maybe I live in the statistical anomaly then. I would say that atleast 1/3 of my friends can survive one of the bread winners getting laid off for a extended period of time. that's not a fair comparison. why? b/c two wage earners put them in that position. it does little to bolster the point that one income could do the same from scratch. at least not w/o some more info. Additionally, you don't know what the extended family maybe able to offer for support. howza about almost none here. Sure they may have to move back in with Mom and Dad, but doesn't that generally happen at some pt where the parents end up living with the children as they age? sometimes. Myself if something happened where I got laid off and exhuasted my resourses, I have my family to fall back on. Not that I want to, but the option is there, just like I hope to be able to do for my children and my grand parents did for their children. good family is very nice. EDIT: Also, I know several women who prefer working then staying home with kids, some just don't have the patients to be stay at home moms like my wife... my famalso has a single wage earner. it can be done, but i consider myself EXTREMELY fortunate. my income couldn't support my family in san diego if i had to buy a house at this time (housing has very nearly doubled in 5 years). the bottom line is that housing has increased more than the avg SINGLE wage.