Now that I have tried I can say that working from home is ideal. But, I am not a housewife, not as yet. I just carry on my usual job from a different workplace. I am technically a telecommuter. 
However, every time working from home is mentioned people look at me and say “Ahh…easy!”.
Yes, it is easy because I do not have to commute every morning, and this removes a considerable amount of stress. On the other hand there is more pressured to achieve good results because you are empowered with the trust of the management.