Row 71656

Row ID: 71656 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 71656 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

>It's relevant if you're trying to buy a yacht.

Okay lol.

>just how much poorer you've gotten.

You're literally not poorer if your wages buy more goods and services than they used to.

>Virtually every major city in America has NIMBY politicians and zoning issues making it difficult to build new housing.

True, but not every city has the geographic limitation or the extreme nature of SF's single family zoning, which is why housing is still affordable in other cities.

>Regular people increasingly can't compete with that.

Then don't, nobody is holding a gun to your head telling you need to live in one of the most expensive cities in the world.

>These trends are happening nationally, albeit more gradually and not as noticeably.

Except it's not. Real wages increasing, at the median level, require the majority of people to have a better standard of living. That's by definition.

FieldValue
text >It's relevant if you're trying to buy a yacht. Okay lol. >just how much poorer you've gotten. You're literally not poorer if your wages buy more goods and services than they used to. >Virtually every major city in America has NIMBY politicians and zoning issues making it difficult to build new housing. True, but not every city has the geographic limitation or the extreme nature of SF's single family zoning, which is why housing is still affordable in other cities. >Regular people increasi…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

{
  "text": ">It's relevant if you're trying to buy a yacht.\n\nOkay lol.\n\n>just how much poorer you've gotten.\n\nYou're literally not poorer if your wages buy more goods and services than they used to.\n\n>Virtually every major city in America has NIMBY politicians and zoning issues making it difficult to build new housing.\n\nTrue, but not every city has the geographic limitation or the extreme nature of SF's single family zoning, which is why housing is still affordable in other cities.\n\n>Regular people increasingly can't compete with that.\n\nThen don't, nobody is holding a gun to your head telling you need to live in one of the most expensive cities in the world.\n\n>These trends are happening nationally, albeit more gradually and not as noticeably.\n\nExcept it's not. Real wages increasing, at the median level, require the majority of people to have a better standard of living. That's by definition.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
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}
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