General Discussion
Showing Original Post only (View all)This is why we need Unions [View all]
I looked up average household incomes for the years 1980 and 2013
Then I looked up average home prices for the same years
The average home sold for $47,200 in 1980
The 1980 median family income of $21,020
The average home sales price is $436,800 2023
The average median household income in the United States was $67,521
Homes cost 2.25 x annual income 1908
Homes cost 6.47 x annual income 2023
**these are averages and can be different depending on where you get your information. For constancy I used the same sources for comparison.
I sometimes do the same for cars, appliances etc
American workers fall further and further behind every year
It is no wonder why homelessness is on the rise
I believe that as income disparity increases social unrest and poverty increases.
Income equality is a matter of national security.