Wearing this meme out lately with conservatives.
To quote @LoewyLawFirm "Is something happening?"
Owen Shroyer (@OwenShroyer1776)
Yikes
Video
Community note: This plot is erroneously comparing nominal rent increase against inflation-adjusted income.
Rent from 1985-2023 rose 208% nominally. Real income rose 34%. Nominal income rose 241%.
nowbam.com/rent-prices-vs…
fred.stlouisfed.org/data/MEHOINUSA…
fred.stlouisfed.org/data/MEHOINUSA…
— https://nitter.net/OwenShroyer1776/status/2085442263438487834#m