• iopq@lemmy.world
    1·
    6 months ago

    Except the uptick is from 1990, it’s been getting better for about 34 years now, with setbacks in the dotcom crash, financial crisis and the pandemic.

    There haven’t been better wages at any point in US history as we beat the uptick of the 1970s some time ago

      • iopq@lemmy.world
        1·
        5 months ago

        Home ownership rate has been steady for decades

        The wages have been going up, just not exactly as fast productivity for several reasons:

          • iopq@lemmy.world
            11·
            5 months ago

            Look at the scale, it’s between 63-68 for decades and the top number was literally a bubble

            I agree that not all of the productivity gains go to the workers, but the workers are better off now than before

              • iopq@lemmy.world
                11·
                5 months ago

                Corporations owning houses is a tiny percentage, again, home ownership rate is 60%+

                  • iopq@lemmy.world
                    11·
                    5 months ago

                    It’s not even a special problem if a corp is a landlord or just one person.

                    The problem is not enough housing, not enough construction. Housing prices are actually decreasing in Austin because Texas builds