News for hackers. Stuff that matters.

A comment on American workers are demanding almost $80k a year to take a new job. Parent comment

Re:American workers are demanding almost $80k a year to take... by sokoloff on Monday August 21, 2023 @02:32PM (#37213527)
I agree with everything you say except for one point:

> none of which is owned by the average joe

About 66% of US households "own" a home (often with a fixed-rate mortgage, which makes inflation doubly good for those homeowners) and 58% of homes are owner-occupied. The median Joe is a homeowner, not a renter.

[ Parent | on HN ]
Re:American workers are demanding almost $80k a year to take... by rank0 on Tuesday August 22, 2023 @09:45AM (#37222617)
Yeah you’re right thanks for the correction. I’d rephrase to say among those three categories cumulatively most Americans own very little.
[ Parent | on HN ]