Re:Unlike most millennials, Norway's are rich
by talltimtom on Saturday July 14, 2018 @05:26AM
(#17529555)
2 adults and 2 children on 16m2 with 2 working salaries. It’s not about changing standards, it’s about families with children needing enough room to have beds for everyone and hopefully still fitting a small sofa.
Back in the day, that same family would be able to have twice as big a home with one one working parent, but that was before the whole market started playing chicken to see who could put themselves most in debt to carve out a little place to live.
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Re:Unlike most millennials, Norway's are rich
by earthandmoon on Saturday July 14, 2018 @05:45AM
(#17529615)
I somewhat envy that time before the 70s where a family could live on one salary and have a house and car.
Today you can’t even buy a house with 2 salaries. If you are living on one salary you will be struggling and will not be credit worthy. The banks assumes a life-standard to uphold which not everyone can cope with. Even if you can live with less the bank follow it's idea of life-standard.