@CoolhandClint7@ProudSocialist It’s irrelevant. Other people getting rich doesn’t make you poor.
Every single quintile of earners is making more than at any time in history. Our parents and grandparents were poorer than us. They managed to raise children.
It’s all cope.
@CoolhandClint7@ProudSocialist Dude, those are all numbers that are literally true. Inflation adjusted median incomes are at all time highs. Travel and eating out are at all time highs.
@CoolhandClint7@ProudSocialist Have you been outside? There is zero percent chance this is true.
We live in bigger more luxurious houses than ever, travel more than ever, eat out more than ever, drive more expensive cars than ever, spend more on entertainment than ever.
Real median income: all time high!
@geniusliberator@LeftwardBound I don’t know much about Houston’s housing market, but it seems pretty unlikely that it’s more expensive than NYC. Not sure what his source for that would be.
@jbarro They cannot possibly accept that greedy corporations can building housing cheaper and faster than government, because it would literally unwind their entire worldview, and their egos won’t allow that.
@freedomrideblog Yeah but…this is just observably ridiculous. Homeownership rate is 65% ish. Inflation adjusted median incomes and net worths at all time highs. Travel and eating out at all time highs. We drive pricier cars and live in bigger homes than ever.
This is just obviously not true.
@nickgerli1 You’re not accounting for interest rates. If you adjust this graph for monthly mortgage payment instead of home price, it’s about average. The 2010s were an anomaly.
@Qxnznghggktygf@quantian1@adam_messinger Your comprehension of this topic is terrible my friend. As a percentage, people spend about what they always have on housing. Prices are up BECAUSE incomes are up. We have more purchasing power than ever, and we are using to buy more sq footage and more luxury.