I mean, a major problem in society is that two incomes are required to pay off a mortgage - and making one member of that equation unable to work society wide would solve that, leading to mortgages and hence housing price calibration (calibrating it to a single wage income)…
…but I was kind of hoping that wouldn’t be a product of gender segregation. Also this seems like it’s going to affect a lot of other things and people women’s autonomy and hence freedom and safety in jeopardy.
I think it’s adorable that people believe that the capitalists would do away with female labor instead of going back to the good old days of just devaluing it. The myth that women didn’t work outside the home is a fiction. Only the upper classes could afford such a luxury. Poor woman always had to work, often for much less pay.
Poor woman always had to work, often for much less pay.
Exactly. Women always worked - they were just segregated into lower paying jobs and had less rights (pregnant? no more job for you! and since you’re desperate, enjoy the shitty working conditions).
There will always be poor single mothers that have to work to support their family. They just won’t have labor protections.
Realistically, the loss of women’s income would lead to a housing crisis as millions of families are unable to pay their mortgage, but it’s naive to think housing prices will plummet. Plenty of vulture capital firms and the like will happily scoop those houses up to rent back to us in perpetuity.
Except the amount they’d need to rent them for just to break even would still be just about as high as the mortgage payment would have been, so they’re gonna lose out there, too.
Even then, they still own the housing stock as assets, which they can hold indefinitely. Their financial backing and ability to weather financial storms is much higher than the average American family. The goal is to remove ownership from the lower classes and ensure the plebs can only rent. It’s more about control than anything.
A better calibration would be a three day week so one person could work and one person could do household stuff on any particular day and you still have a day to enjoy together.
Sad to see that people thing this is the working class fault and not the rich class fault. Just like everything from recycling plastic global warming, and child marriage
I mean, a major problem in society is that two incomes are required to pay off a mortgage - and making one member of that equation unable to work society wide would solve that, leading to mortgages and hence housing price calibration (calibrating it to a single wage income)…
…but I was kind of hoping that wouldn’t be a product of gender segregation. Also this seems like it’s going to affect a lot of other things and people women’s autonomy and hence freedom and safety in jeopardy.
No Bueno.
I think it’s adorable that people believe that the capitalists would do away with female labor instead of going back to the good old days of just devaluing it. The myth that women didn’t work outside the home is a fiction. Only the upper classes could afford such a luxury. Poor woman always had to work, often for much less pay.
Exactly. Women always worked - they were just segregated into lower paying jobs and had less rights (pregnant? no more job for you! and since you’re desperate, enjoy the shitty working conditions).
There will always be poor single mothers that have to work to support their family. They just won’t have labor protections.
Realistically, the loss of women’s income would lead to a housing crisis as millions of families are unable to pay their mortgage, but it’s naive to think housing prices will plummet. Plenty of vulture capital firms and the like will happily scoop those houses up to rent back to us in perpetuity.
Except the amount they’d need to rent them for just to break even would still be just about as high as the mortgage payment would have been, so they’re gonna lose out there, too.
Even then, they still own the housing stock as assets, which they can hold indefinitely. Their financial backing and ability to weather financial storms is much higher than the average American family. The goal is to remove ownership from the lower classes and ensure the plebs can only rent. It’s more about control than anything.
No, I’m saying it would calibrate housing prices as mortgages failed… Ao it would be a long term solution not some patch up job.
In a world where only men can work mortgages would be calibrate to singilar male incomes.
A better calibration would be a three day week so one person could work and one person could do household stuff on any particular day and you still have a day to enjoy together.
Sad to see that people thing this is the working class fault and not the rich class fault. Just like everything from recycling plastic global warming, and child marriage