Interesting. The inflation-adjusted incomes (median for a more accurate analysis) stayed pretty much the same in the US [1], but the purchasing power dropped.

Interesting. The inflation-adjusted incomes (median for a more accurate analysis) stayed pretty much the same in the US [1], but the purchasing power dropped. > For example, the Census Bureau reports that the average price of a new home in July 1994 was $144,400. According to the inflation calculator, that price today should be $232,141. The same report places the average sale price for July 2014 at $339,100, however, more than 46% higher than the price when accounting for inflation alone. The housing and living costs are higher today. It seems that capitalists are chasing inelastic demands (people can't really defend themselves there). I can understand why they do this, but politics should use proper regulations to enable normal people to buy their houses. The system seems to be corrupted at those places. [1]: https://www.advisorperspectives.com/dshort/updates/2017/09/19/u-s-household-incomes-a-50-year-perspective https://www.advisorperspectives.com/dshort/updates/2017/09/1... [2]: https://www.investopedia.com/ask/answers/101314/what-does-current-cost-living-compare-20-years-ago.asp https://www.investopedia.com/ask/answers/101314/what-does-cu...