Row 45348

Row ID: 45348 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 45348 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

The top line numbers don't take into account the fact that inflation is heavily skewed towards housing prices right now, and housing is the most expensive thing you will ever buy. Eggs being expensive just means you will grumble more when you buys eggs, but you will probablystill buy them. A house being more expensive means you may not get to fulfill the American dream of being a homeowner. That hits different. Housing costs have outpaced wage gains, and a house is the most expensive thing you will buy.

Medium home in the us was 327,000 in q4 of 2019 and 479,500 in q4 of 2023. That's a nearly 50% increase. And that does not include the impact of interest rates on the cost of a mortgage. Median weekly wages have gone up in that time, but not by as much, from 957 to 1145. A 20% increase.

FieldValue
text The top line numbers don't take into account the fact that inflation is heavily skewed towards housing prices right now, and housing is the most expensive thing you will ever buy. Eggs being expensive just means you will grumble more when you buys eggs, but you will probablystill buy them. A house being more expensive means you may not get to fulfill the American dream of being a homeowner. That hits different. Housing costs have outpaced wage gains, and a house is the most expensive thing you w…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-22
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Raw Record

{
  "text": "The top line numbers don't take into account the fact that inflation is heavily skewed towards housing prices right now, and housing is the most expensive thing you will ever buy. Eggs being expensive just means you will grumble more when you buys eggs, but you will probablystill buy them. A house being more expensive means you may not get to fulfill the American dream of being a homeowner. That hits different. Housing costs have outpaced wage gains, and a house is the most expensive thing you will buy.\n\nMedium home in the us was 327,000 in q4 of 2019 and 479,500 in q4 of 2023. That's a nearly 50% increase. And that does not include the impact of interest rates on the cost of a mortgage. Median weekly wages have gone up in that time, but not by as much, from 957 to 1145. A 20% increase.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1QdnBQbFZKOS16UXVxeVRKVElyazVfSVBuZkFOWUxtbVkweG5PeVBvRVJXUDM4NXgxb3p4d3NmZkRWY203RG93b0xBNjF3UTJicTNsa3c1SDJlall4RWc9PQ==",
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}
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