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Xantippe
Guest
Except for a blip here and there, people have pretty much always and everywhere cared about savings and earning potential as a pre-requisite for marriage. See, for example, dowries, bride prices, etc. That’s why there are so many stories in our literatures of thwarted love because of financial issues.It is funny that people now are more particular about savings and earning potential as a pre-requisite for marriage than they were back when those people who didn’t make enough money were in far more danger of actually starving to death if they ran out of money. Didn’t they also have a far greater horror of having to depend on the charity that was available back then? I don’t know…maybe people now are more allergic to risk?
Of course, back then people were a lot more afraid of getting caught “playing house,” too.
Real estate also tends to be very expensive in the areas with later marriage in the US, not coincidentally. One of my formative experiences was house hunting in the greater DC area pre-crash and discovering that even the most modest home in the most modest area was going to cost well in excess of $400k–even a hefty commute from DC proper–I kept touring tiny doll houses in iffy neighborhoods that were $475k-$495kish. That’s DC metro, but the median house in the US now costs almost $190k. Traditional advice is that your mortgage should cost no more than 2X your income. So…that’s a problem, given that the median household income in the US is $52k. (Our mortgage balance is currently only about 1.5X income, and we feel house poor.)
Late marriage in the middle class isn’t coming out of nowhere.
Also, practicing Catholics, who don’t have the same breadth of family planning options as average Americans, are in an even more difficult situation. We have to be prepared to have 3 kids within 5 years of marriage. If you’ve been reading the Family Forum, you know how many CAFers are struggling with feeding and caring for their growing families on a small income and with little to no extended family or community support.
It really is that hard to get a family off the ground these days, and for Catholics specifically, it is a good thing to be able to make a running start.