> Real income isn't rising while cars are getting more and more expensive.
New cars have risen in price slower than overall inflation for decades (at least in the US). In real terms (comparing against flat real incomes), cars have gotten cheaper, not more expensive.
New cars have risen in price slower than overall inflation for decades (at least in the US). In real terms (comparing against flat real incomes), cars have gotten cheaper, not more expensive.
https://images.app.goo.gl/evJLcuDezo1scu8e9
In case that Google image link dies soon, here’s another, slightly different one that’s likely more durable: http://dvschroeder.blogspot.com/2013/08/college-tuition-has-...