How will the economy affect WOH/SAH?

iVillage Member
Registered: 04-08-2003
How will the economy affect WOH/SAH?
2639
Wed, 02-11-2009 - 1:09pm
How do you think the economy will affect decisions by women to stay at home versus work? With so many people losing jobs, do you think more women will be forced back into a job to help out (or take over) family finances? Is SAH parenting

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iVillage Member
Registered: 10-07-2004
Wed, 03-18-2009 - 8:50am

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Oh really? Is there a website you could provide that will lower my property, state and city taxes? Or child care costs? Is there maybe a printable coupon out there to equalize the price of a home to somewhere cheaper?

iVillage Member
Registered: 01-20-2009
Wed, 03-18-2009 - 8:50am
Egd has posted that she'd never move
iVillage Member
Registered: 01-20-2009
Wed, 03-18-2009 - 8:58am
You posted on this forum that your family couldn't afford to live in the DC area, based on what your DH could earn.
iVillage Member
Registered: 02-06-2009
Wed, 03-18-2009 - 8:58am

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How is supporting a family about col?


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Um, again, perhaps you are speaking for yourself.

iVillage Member
Registered: 02-06-2009
Wed, 03-18-2009 - 9:00am
Well, if they don't offer his field of employment, how are they supposed to afford to live there??
iVillage Member
Registered: 02-06-2009
Wed, 03-18-2009 - 9:02am
So, you've never known anyone who paid substantially less than fair market value for his home in your area?
iVillage Member
Registered: 07-17-2007
Wed, 03-18-2009 - 9:03am

"pretend your income is a million. is it easier to free yourself of a mortgage debt by paying cash for that house you can afford to do that with or just following a conventional mortgage guideline,placing 20% down and sticking yourself with some heft,incredibly expensive mortgage paymetn eveyr month? "

Hypothetically, if ones income is $1,000,000 per year, one has the choice to live just about anywhere in the US (assuming their income follows them).

Hypothetically, if one has the choice to pay cash for a house or to invest the money elsewhere and get a loan for the house- what one does depends on the person. The US government has set tax incentives for the loan option. So one can, hypothetically,invest ones money elsewhere and pay monthly home loanpayment - and still come out ahead.

iVillage Member
Registered: 02-06-2009
Wed, 03-18-2009 - 9:08am
Nor does Warren Buffett.
iVillage Member
Registered: 07-17-2007
Wed, 03-18-2009 - 9:12am

Even "substantially less than fair market value" in some areas is considerably more than fair market value on other areas of the country.

iVillage Member
Registered: 04-22-2005
Wed, 03-18-2009 - 9:24am

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Are you serious? Think about it: COST of living. Unless it doesn't cost any money to support a family.

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