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Lies, damned lies, and statistics. What does 'average' mean, in a country where the 4 richest billionaires have as much money as the poorest 160 million? "The
by 8bitsrule 7y ago
Lies, damned lies, and statistics. What does 'average' mean, in a country where the 4 richest billionaires have as much money as the poorest 160 million?
"The distribution of U.S. household income has become more unequal since around 1980, with the income share received by the top 1% trending upward from around 10% or less over the 1953–1981 period to over 20% by 2007.... While median household income has a tendency to increase up to four persons per household, it declines for households beyond four persons."
https://en.wikipedia.org/wiki/Household_income_in_the_United_States https://en.wikipedia.org/wiki/Household_income_in_the_United...
Clearly rentals have -risen sharply- in the past few years. In -some- places, the number of people who can't afford -any- available rental unit has increased rapidly.