Home prices vary wildy depending on location and size of the home. It does not seem unreasonable that someone could spend $200 a week on groceries and live in a $200K home.
So the real question is how did pay in the most common industries keep up with inflation. I don’t think anyone is disputing costs rising at comparable rates. It’s our ability to keep up as earners.
Furthermore:
So the real question is how did pay in the most common industries keep up with inflation. I don’t think anyone is disputing costs rising at comparable rates. It’s our ability to keep up as earners.
so, by his numbers, we’re paying over 50% more for food and houses.
But they’re equally more expensive, so we’re getting screwed two ways, not just one.