Rent has risen about the same as wages over the last 40 years. So a bit higher than inflation but not so much that it’s less affordable.
Health care and education are the two that have really outpaced inflation, the trade-off being that basically all durable and consumable goods have run way below inflation.
Are those figures mean wages? Or median wages?
Because the difference between those is a vast gulf.
Health care and education are the two that have really outpaced inflation, the trade-off being that basically all durable and consumable goods have run way below inflation.