Median Income and House Prices

DT Cochrane
Aug 22, 2017 · 1 min read

Are houses more unattainable for the current generation than they were for prior generations? This chart suggests that they are.

From 2001 to 2015, new house prices grew 70% while median income only grew by 39%. That gap emerged after 20 years of income and house prices mostly increasing together.

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DT Cochrane

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A curious and compassionate economist confronting corporate power, inequality and climate justice.

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