6 ms·
You're not adjusting for inflation, which they are. Still, I have no idea where they're getting their numbers, which seem comically wrong. > Accounting for in
by Felz 5y ago
You're not adjusting for inflation, which they are. Still, I have no idea where they're getting their numbers, which seem comically wrong.
> Accounting for inflation, house prices have soared by 118% since 1965, despite the fact that income has only increased by 15%.
They use the median for that, which seems to have actually increased by 60%:
https://web.stanford.edu/class/polisci120a/immigration/Median%20Household%20Income.pdf https://web.stanford.edu/class/polisci120a/immigration/Media...
I'm not sure why nobody else seems to have brought this up- it's a serious flaw in the article.