Productivity has grown enormously since I started work. In addition, participation of women in the workforce has also risen dramatically. In theory, these changes should have resulted in families being much better off financially assuming a reasonable share of the benefits of both these changes were shared with families.
Problem is that too many families with both parents working claim to be struggling financially as well as being stressed by the pressures associated from having both parents working long hours. Which begs the question: What has happened to all the extra money generated by the increases in productivity and working hours per family?
This post asks “where has all the money gone?” with particular reference to affordable accommodation.
