Being a housewife can add to the family wealth though. There’s doing certain tasks in-house that reduce outgoings some of which might need be out sourced if both people worked ( cooking from scratch not ready meals/cook kits/takeaways, mending things, not having a cleaner, gardener, window cleaner). If you’re talking about not doing a minimum wage or near minimum wage job but undertaking some of those hinge yourself that could well make sense, particularly if you have uncertain hours into account. Add in child care and the salary bracket that would break even is a lot more.
Then there’s also undertaking projects that substantially contribute to family money.
One year I was a housewife I project managed home improvements that cost £60k but added £100k (30% of value) to the value of our house.
That’s £40k net in one year, so equivalent a salary of £55-60k with none of the extra expenses that come with a job of that level (travel, work wardrobe, work socialising) so you could add an extra £5k-£10k on to that salary given you’d be in the higher tax bracket. Then there’s also an ongoing effect because the value of the house has gone up, so as each time house prices go up it means a bit more than it would without the improvements).
If I’d not had the time to do that, it would have cost a lot more in professional fees and I’d have spent more on certain items as less time to research and compare costs. We’d probably not have been able to buy a wreck and do it up ( 2 bed with just a loo in a cupboard, no room in the cupboard even for a sink turned into a two bed, two bath where the bathrooms were new and with a new kitchen as well- kitchen needed to be remodelled to add extra bathroom). So we’d have had to get a smaller place or a bigger mortgage, neither of w which would have been possible.
And at the time, I was going through diagnosis for an at the time unidentified chronic illness that was causing me a lot of difficulties, it would have been impossible for me to hold down a normal job. But the ability to be in the home and set my own schedule made it possible for me to do a full working day most days.
So there’s another thing, saying “housewife” can mean someone doesn’t have to say “well, I’ve not been that well for a while, but the doctor’s aren’t sure what it is yet” or similar. Which would be a bit tmi in a lot of settings.
One of the doctors I met during the diagnosis said something in a lovely way. When he asked what my occupation was I mumbled something like “I’m not working just now, so housewife I suppose” and he very firmly but gently said “So you do work, just in the home”. And it made me feel so much better, having felt so judged so many times and being so scared of being judged again.
A lot of valuable but undervalued work is undertaken by housewives.