The whole income/purchasing power argument is disingenuous because that's not in any way the only, or even best, measure of "affordability."
The whole income/purchasing power argument is disingenuous because that's not in any way the only, or even best, measure of "affordability."
Also "better median lifestyle" is an essentially meaningless concept when a smaller and smaller minority of people actually occupy that mythical space.
Also "better median lifestyle" is an essentially meaningless concept when a smaller and smaller minority of people actually occupy that mythical space.
www.federalreserve.gov/publications....
www.federalreserve.gov/publications....