4 ms·

So then why is food and housing more expensive than it was 20 years ago? https://research.stlouisfed.org/fred2/graph/?g=8l2 https://research.stlouisfed.org/fre

by hiou 11y ago

So then why is food and housing more expensive than it was 20 years ago? https://research.stlouisfed.org/fred2/graph/?g=8l2 https://research.stlouisfed.org/fred2/graph/?g=8l2 https://us.spindices.com/indices/real-estate/sp-case-shiller-20-city-composite-home-price-index https://us.spindices.com/indices/real-estate/sp-case-shiller... I'm not saying there isn't "more of everything", I'm saying there is less to pay for the most important everthings.

yummyfajitas 11y ago
Wages have increased more rapidly than food CPI. https://research.stlouisfed.org/fred2/graph/?g=1yYT https://research.stlouisfed.org/fred2/graph/?g=1yYT Case-Shiller is an investment index, not a consumption one. You might as well say "look, S&P has gone up, everything is more expensive!" In fact, wages have increased relative to the cost of housing (i.e., rent or owner equivalent rent) also. https://research.stlouisfed.org/fred2/graph/?g=1yYW https://research.stlouisfed.org/fred2/graph/?g=1yYW