return2ozma@lemmy.world to News@lemmy.world · 1 年前Apartment rents are on the verge of declining due to massive new supplywww.cnbc.comexternal-linkmessage-square29fedilinkarrow-up1164arrow-down112
arrow-up1152arrow-down1external-linkApartment rents are on the verge of declining due to massive new supplywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 年前message-square29fedilink
minus-squareares35@kbin.sociallinkfedilinkarrow-up10arrow-down1·1 年前that requires paychecks to keep pace with inflation. which alternate universe are you in where that’s the case?
minus-squarebluGill@kbin.sociallinkfedilinkarrow-up3arrow-down2·1 年前Long term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up. Even if your pay isn’t matching inflation, it can still go up more than rent
minus-squaremrnotoriousman@kbin.sociallinkfedilinkarrow-up1·1 年前I hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.
minus-squareiopq@lemmy.worldlinkfedilinkarrow-up1·1 年前https://www.bls.gov/charts/usual-weekly-earnings/usual-weekly-earnings-over-time-total-men-women.htm# Check the 1982 dollars table, over the last 20 years we went from ~$330 to ~$360 which means wages outpaced inflation
that requires paychecks to keep pace with inflation. which alternate universe are you in where that’s the case?
Long term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up.
Even if your pay isn’t matching inflation, it can still go up more than rent
I hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.
https://www.bls.gov/charts/usual-weekly-earnings/usual-weekly-earnings-over-time-total-men-women.htm#
Check the 1982 dollars table, over the last 20 years we went from ~$330 to ~$360 which means wages outpaced inflation