🚨 BREAKING NEWS 🚨
US HOUSE PRICES HAVE MASSIVELY OUTPACES WAGES OVER THE PAST 5 YEARS, SINCE 2020 HOUSE PRICES FLEW BY 57% BUT THE AVERAGE HOURLY EARNING ONLY GREW BY 28%
THIS GAP BETWEEN HOUSE PRICES AND WAGES IS OVER 2 TIMES BIGGER THAN IN 2008
THIS BUBBLE WILL POP…$SPY pic.twitter.com/KD1mXLAAw1
— Mike Investing (@MrMikeInvesting) November 4, 2024
Sources:
- Visual Capitalist – “Charted: U.S. Median House Prices vs. Income”
- Statista – “Chart: Have Wages Kept Up With Inflation?”
- Yahoo Finance – “Why Home Prices In The U.S. Have Surged By Nearly 50% Since 2020”
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