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Reply to "Is it just me thinking wfh is abused?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think housing has gotten so expensive that people are stretched super-thin. They can’t afford childcare so they try to wfh without it. [/quote] Was waiting for you to show up. Surprised you haven't blamed the boomers for this, too.[/quote] I was talking with a younger colleague last week. They're paying over $5000 a month between rent and childcare (we're not in DC) and I couldn't believe it. My kids are all older, but I have no idea how people manage with costs like that. I know how much he makes and his salary alone isn't enough to cover that. [/quote] Most don’t pay that much. They move to lower costs areas or don’t pay for the highest cost centers. But yes, it’s not uncommon for rent and daycare to cost more than one salary. That was true when I had my kids 15 years ago. In fact, my daycare alone was more than my salary. Thankfully daycare is temporary and my salary increased over time. If you were lucky enough not to find yourself in that position, it’s more likely a function of having a higher salary at a younger age than time. I raised my kids in the aftermath of the Great Recession. That sucked for my cohort. [/quote]
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