alt Hacker NewsNow plot that wage plot against productivity, or corporate profit, or any US stock index, or as you said: housing costs. Real wages are not keeping up with anything. It's not just housing.
Now plot that wage plot against productivity, or corporate profit, or any US stock index, or as you said: housing costs. Real wages are not keeping up with anything. It's not just housing.
That data exists.
Here is real wages with cost of living factored in for a bunch of locations in the US. https://fred.stlouisfed.org/release?rid=439
This data shows that real wages are rising even with cost of living factored in.