this post was submitted on 01 Jul 2026
442 points (98.9% liked)

me_irl

8036 readers
331 users here now

All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] zikzak025@lemmy.world 5 points 1 week ago* (last edited 1 week ago)

This. It's not just inflation in isolation, but the fact that wages are rising slower than inflation, while cost of housing is rising faster.

Adjust for inflation and you'd see wages dropping, while housing continues to go up. This creates a growing and unsustainable affordability gap.