• WaxedWookie@lemmy.world
    link
    fedilink
    arrow-up
    85
    ·
    5 months ago

    Where I’m from, the median house price has risen 600% relative to the median income in the past 50 years.

    That means the deposit we pay today is the equivalent of the entire 30 year mortgage of the people calling you lazy.

    • Maggoty@lemmy.world
      link
      fedilink
      arrow-up
      34
      ·
      5 months ago

      Yup, the 137 points is just “core” inflation. Education, Housing, Food, and Cars all come in over that. Which is fine because those aren’t necessary in the US right?

      • WaxedWookie@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        4 months ago

        True - that’s been the response to pricing getting out of control rather than addressing the fundamental issues with the economy.