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>adjusted by inflation So the affordability crisis completely disappears once you adjust for the #1 thing that's been making things unaffordable.
by weberer 1y ago
>adjusted by inflation
So the affordability crisis completely disappears once you adjust for the #1 thing that's been making things unaffordable.
- sroussey 1y agoYes, my father bought a house for $10k. He still says it was very expensive!
- senko 1y agoOf course, you should be adjusting for the wage rise instead. FRED figures show wages slightly outpaced inflation: https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q (unless I'm reading the chart incorrectly)