https://www.statista.com/statistics/247407/average-annual-consumer-spending-in-the-us-by-type/ https://www.statista.com/statistics/247407/average-annual-co...

https://www.statista.com/statistics/247407/average-annual-consumer-spending-in-the-us-by-type/ https://www.statista.com/statistics/247407/average-annual-co... It's not even basic necessities (food, healthcare, misc bills), it's that the median person is spending an overwhelming fraction of their take home income on housing. Supply chains will bounce around and settle (though there's work to do there), but we've created so much bad regulation around just building places to live that they're a goddamn investment vehicle instead of a human right. If we cut housing costs in half they'd still be absurd but suddenly everyone would have an insane amount of financial flexibility relative to where they are.