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A comment on Food Prices Are Soaring Faster Than Inflation and Incomes. Parent comment

Re:Food Prices Are Soaring Faster Than Inflation and Incomes by jbay808 on Monday March 08, 2021 @11:09AM (#26387230)
> But, this describes maybe a few dozen housing markets. Probably only a couple dozen if you cut out resort/ski towns. It's a regional problem

It, uh, describes all of Canada actually.

https://www.reuters.com/article/us-canada-economy-housing-an...

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Re:Food Prices Are Soaring Faster Than Inflation and Incomes by throwawaygh on Tuesday March 09, 2021 @12:23AM (#26395688)
That's totally fair; sorry for assuming the thread was US-centric.
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Re:Food Prices Are Soaring Faster Than Inflation and Incomes by freyir on Wednesday March 10, 2021 @02:18AM (#26408718)
It also describes the most populous US state. The median housing price is now over $700k in California, while the median household income is around $80k.
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Re:Food Prices Are Soaring Faster Than Inflation and Incomes by throwawaygh on Monday March 15, 2021 @01:15PM (#26468683)
California is an outlier. Even within California, the $700K number is caused by a few outlier markets.
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Re:Food Prices Are Soaring Faster Than Inflation and Incomes by freyir on Friday March 26, 2021 @08:13PM (#26598521)
$700k is the median. The average is even higher, and especially so in “outlier markets” (where outlier here means the cities and surrounding suburbs where most people live).

Also, more Americans live in California than any other state. So if it’s an outlier, it’s an especially impactful one.

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