2 ms·
I totally agree that we've manufactured a housing crisis, but having driven around in the rural midwest, the US is obviously less wealthy than it used to be. Th
by mullingitover 5y ago
I totally agree that we've manufactured a housing crisis, but having driven around in the rural midwest, the US is obviously less wealthy than it used to be. There are abandoned structures littering the country in what used to be thriving towns.
We have on average gotten more wealthy, but the p50 and p20 brackets definitely are worse off than in past generations and worse off than in comparable post-industrial economies.