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Lies, damn lies, and statistics. The first 3 links are for household income. They are comparing 2 income GenX/Millenial households with 1 income Boomer househol
by ahi 6y ago
Lies, damn lies, and statistics. The first 3 links are for household income. They are comparing 2 income GenX/Millenial households with 1 income Boomer households.
Here is generational wealth: https://www.washingtonpost.com/business/2019/12/03/precariousness-modern-young-adulthood-one-chart/ https://www.washingtonpost.com/business/2019/12/03/precariou...
- bhupy 6y agoYes, household income is typically used because you only pay rent once per household, not twice. You typically only have one set of expensive appliances, furniture, etc per household, not 2. Also, household size has historically fallen -> https://twitter.com/Mark_J_Perry/status/1307408040686235650 https://twitter.com/Mark_J_Perry/status/1307408040686235650 You can also just ignore dual-income households and look at the data for single-income households, it's essentially the same (if not better) -> https://twitter.com/ernietedeschi/status/1308775197311467520 https://twitter.com/ernietedeschi/status/1308775197311467520