3 ms·
Wages have been stagnant for the past 30 years (inflation adjusted), but education and housing costs have been skyrocketing. Rent control laws are set up to be
by wmil 11y ago
Wages have been stagnant for the past 30 years (inflation adjusted), but education and housing costs have been skyrocketing.
Rent control laws are set up to benefit long term residents, so new workers or people who move to a new city get screwed.
So it's much worse than it used to be. Depending on how far back you go with "used to be".