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Wages are not comparable to asset prices since one is an over time payment and the other is a quantity at one time. In any cases total wages (well, income) are
by zeroonetwothree 4y ago
Wages are not comparable to asset prices since one is an over time payment and the other is a quantity at one time.
In any cases total wages (well, income) are equal to GDP so I don’t think anyone is against an overall rise (in real terms).
- FartyMcFarter 4y ago> Wages are not comparable to asset prices They get directly compared when getting a mortgage though - typically there's affordability criteria including the ratio of income to mortgage amount.