| ▲ | PaulHoule 2 hours ago | |
This chart tells the story pretty well: to get it down to a quip "some things we want got a lot cheaper, things we need got a lot more expensive" https://www.aei.org/carpe-diem/chart-of-the-day-or-century-3 The story of this decade is that people think the economy is terrible despite the usual metrics like unemployment and inflation being not too bad. One explanation is that before 2008 young people could get on the housing ladder but we quit building single family houses and it got harder to get a mortgage -- you see cranes in the air in many towns and sometimes 5-over-1s going for miles in some places like the DC suburbs. | ||