Working hours could be reduced by lowering cost of living. According to the Bureau of Labor Statistics (BLS), the average household spends $5,111 each month on housing and other monthly expenses. $1,784 or 35% of that is for housing and $819 or 16% is for transportation. So those 51% of our working year (~6 months) is spent earning money to pay for housing and transportation - and I believe that's way more that it needs to be.
With people moving closer together into cities property prices seem to naturally skyrocket. The more densely populated an area becom... (read more)