“Rent in the most affordable ZIP codes has increased by about 50% more than rent in the most expensive ZIP codes. Think of it this way. Over the past decade, about one-quarter of the variance in rent has vanished.” @kevinerdmann.bsky.social kevinerdmann.substack.com/p/im-afraid-...
I'm afraid the economy isn't improving for everyone
Link Preview: I'm afraid the economy isn't improving for everyone: Alex Tabarrok has a post at Marginal Revolution linking to a post from Jeremy Horpedahl at Economist Writing Every Day about rising real incomes.