LogFAQs > #977214979

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Topic	What do you think is "wrong" with data that says the economy is good?
emblem-man 11/14/23 4:25:50 PM #22:	AnsestralRecall posted... It doesn't Wage growth has been fucking miserable for decades https://gamefaqs.gamespot.com/a/forum/3/33301f0a.jpg boomgetchopped3 posted... My salary has increased 25% since the very beginning of the pandemic. The estimated cost of my home has increased 80%. Not to mention interest rates skyrocketing. Lets say I didnt already own a home. Well then my cost of living would skyrocket as well. And thats completely ignoring food costs. DarthAragorn posted... Can I buy a house? No, no I can't. I think the whole thing is really just that housing is too expensive is really the answer to the whole issue. But even with that, like 66% of Americans own homes and the vast majority of them bought before the increased interest rates we are now going through. Most homeowners already locked in low mortgages. The real crunch is for renters and those looking to buy a home. --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate <cite>emblem-man posted [p:977214979] in What do yo... [t:80620014]...</cite> <quote>AnsestralRecall posted... </cite><quote>It doesn'tWage growth has been fucking miserable for decades</quote>https://gamefaqs.gamespot.com/a/forum/3/33301f0a.jpgboomgetchopped3 posted... </cite><quote>My salary has increased 25% since the very beginning of the pandemic. The estimated cost of my home has increased 80%. Not to mention interest rates skyrocketing. Lets say I didnt already own a home. Well then my cost of living would skyrocket as well. And thats completely ignoring food costs.</quote>DarthAragorn posted... </cite><quote>Can I buy a house?No, no I can't.</quote>I think the whole thing is really just that housing is too expensive is really the answer to the whole issue.But even with that, like 66% of Americans own homes and the vast majority of them bought before the increased interest rates we are now going through. Most homeowners already locked in low mortgages. The real crunch is for renters and those looking to buy a home. --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.pnghaters gonna hate</quote> ... Copied to Clipboard!
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