With Workforce Participation Declining, and Owning a Home Based on Two Incomes, What Next?

In the article embedded below,  Charles Hugh Smith shows why the Great Recession isn't ending. What's important here for the US and Charlottesville Area Housing Market are charts 5, 6, and 7: participation rate, which started rising in the '70's, when more women entered the workforce.  At that point, owning a single family home became based on two incomes.  Current wages are at the same level as