Re:The Great Pause Was an Economic Revolution
by claudeganon on Saturday June 27, 2020 @10:24PM
(#23666353)
No? I think that housing prices as a percentage of income have increased since then and are trending worse for younger generations, which a quick google suggests is true:
The late 90s (just before this study ends) were also one of the last periods of meaningful wage growth.
So combined with, again, a lack of consideration about things like rising healthcare costs, itβs difficult to view this study as relevant or meaningful. And especially when the data ends before the now two largest downturns since the Great Depression.
https://www.jchs.harvard.edu/sites/default/files/Harvard_JCH...
https://www.usatoday.com/story/money/personalfinance/real-es...
The late 90s (just before this study ends) were also one of the last periods of meaningful wage growth.
So combined with, again, a lack of consideration about things like rising healthcare costs, itβs difficult to view this study as relevant or meaningful. And especially when the data ends before the now two largest downturns since the Great Depression.