Steven Damer @hampswitch.bsky.social · 11/09/2026I think people react poorly to this kind of statement because they're seeing an implication that the economy is doing ok, so they shouldn't complain. I also think you're underestimating the importance of the inflation measure. 150
Steven Damer @hampswitch.bsky.social · 11/09/2026For example. In 1985 it took 3.5 years of median household income to purchase a median new home, while in 2025 it took 5 years. It's not clear to me that people should feel that they're doing better now than they would have been doing in 1985 361
Steven Damer @hampswitch.bsky.social · 11/09/2026(according to FRED median new home price in 1985 Q1 was 82800, and median new home price in 2025 Q1 was 423100) 050
apophis @apophis.girlonthemoon.xyz · 11/09/2026it seems like real estate is a big outlier in all this, like everything else is getting cheaper (except where that's offset by the cost of rent) even as fewer and fewer people are able to afford to own their own home? 210
Anthony Damiani @adamiani.bsky.social · 11/09/2026Though to be fair, hasn’t median home size increased by about 50%? 000
