Re:Why America's economy is soaring ahead of its rivals
by AstralStorm on Thursday December 05, 2024 @05:06PM
(#42333376)
Compare the savings rates and this picture no longer looks rosy due to data disappearing when averaged out.
What you have is a bimodal distribution of people who almost never will own a house and those who will. And a bunch of rich people who have whole fleets of houses.
This is why nobody should ever use averages and rates alone without a supporting histogram.
What you have is a bimodal distribution of people who almost never will own a house and those who will. And a bunch of rich people who have whole fleets of houses.
This is why nobody should ever use averages and rates alone without a supporting histogram.