2 Comments
User's avatar
⭠ Return to thread
Rob (c137)'s avatar

Inflation has been climbing since the real estate boom, when houses more than doubled.

How come this wasn't a big deal when it was happening?

Instead people bitch about gas and food, but housing takes more than half our budgets!

A good example, my father bought a multi family house in the 80s for 80k while he made 8 an hour.

Today the same job pays 25 per hour but the house is 900k

Wages went up 3x, housing went up more than 10x

https://www.commondreams.org/news/2022/03/10/us-corporations-boost-profits-crushing-price-hikes-blamed-inflation

Expand full comment
2nd Smartest Guy in the World's avatar

The most egregious inflation is reflected in the stock "market".

Expand full comment