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Why Marriage Is Increasingly for the Affluent

https://www.wsj.com/lifestyle/relationships/marriage-wealthy-luxury-class-3f792e67
8•sandwichsphinx•1h ago

Comments

blinded•53m ago
Part of the issue is that the wedding market it just outrageous. The average cost of a wedding or attending one is out of control. The industry has done a good job marketing it. Social media "keeping up with the joneses" or comparisons is not helping either.

It adds yet another piece of pressure so I'm not surprised that less people are jumping head first into it.

billy99k•41m ago
"The economic contract of marriage has shifted, and now young people are looking for financial stability before the wedding"

This is just an excuse. Nobody ever had financial stability before a wedding in the past. Everyone I know had parents and grandparents that were dirt poor when they got married (including my own).

I've been hearing about financial woes since 2000. I remember in 2005, people were complaining about how impossible it was for a single person to get an apartment. I got one this year on a below-average salary in a nice city.

In 2015, I remember hearing it was impossible to buy a house by anyone that isn't a boomer. I bought a house later this year (I'm not a boomer).

Even now, I keep hearing about people sending 900 resumes out (which doesn't make sense, if you are only looking for jobs in your industry) and only receiving a few call backs. I was looking for extra work earlier in the year and I sent out 20 resumes and got 10 call backs.

ok_dad•14m ago
It’s almost like people live vastly different lives and we’re not all the same…
al_borland•3m ago
I have a feeling a lot of people are comparing where their parents ended to where they are starting, which isn’t a fair comparison. They should probably talk to their parents about what it was actually like. When my parents got their first apartment it didn’t even have a shower. They had to take baths and use a mug to fill it with water and wash their hair.

People also just love looking at averages for salary and home price, but they ignore that the average home has more than doubled in size. The average car today is also much faster, safer, and more luxurious than the old ones.

I bought a house from the late 1940s. What would have been “average” in the time everyone seems to want to compare themselves to. By most modern standards, it’s small, but it was also half the price of the “average” home today.

In terms of waiting for financial stability, I’d argue that it’s better not to wait. It eliminates all those prenuptial agreements, as neither person has anything. Then they can grow and a couple together. Wait too long, and they enter the relationship with too much that they’re worried about losing, and also more set in their ways.

The obsession with keeping up with the Jones’ has gotten out of control. The Jones’ aren’t just the most well-to-do on the street, now people are trying to compete on lifestyle with the most well-to-do in the country. Just a couple days ago I had someone knock on my door to sell fiber internet and he tried to tell me I need it to keep up with the Jones’. That’s where we’re at. It’s not about what you actually need, it’s what you can brag about. It’s so backward.

turtleyacht•17m ago
No, considering finances before marriage is an excuse. There is rarely a couple who would keep spreadsheets on anything and then suddenly "finances" prevent things.

If they had the foresight to rationally evaluate marriage, they could surely profit from the actual market, or even teach others how to be so coldly calculative.

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