The data don't support the story you are telling, at least not on a 17 year time scale. Most places including LA and New York actually show the opposite. Real wages are rising faster than cost of living in the long term just about everywhere in the US.
I understand the argument, and housing is a problem, but there just isn't much to support the doom and gloom narrative if you don't use cherry picked data from opeds. I suspect that a lot of people have distorted views about what they should be able to afford.
The data don't support the story you are telling, at least not on a 17 year time scale. Most places including LA and New York actually show the opposite. Real wages are rising faster than cost of living in the long term just about everywhere in the US.
I understand the argument, and housing is a problem, but there just isn't much to support the doom and gloom narrative if you don't use cherry picked data from opeds. I suspect that a lot of people have distorted views about what they should be able to afford.