Media: “Single income households are a bygone era”

Media: “Single income households are a bygone era”

Economists say single-income households are a ‘bygone era’

Here’s the actual data

Being truthful and accurate is not something the media knows how to do.

When home prices are normalized to square footage, the median income to home price ratio has been surprisingly constant over decades. Unfortunately media morons do not understand that homes of the past were 1,000 to 1,500 sq ft but today are averaging 2400 sq ft, which is down from a recent peak of almost 2700 sq ft. Homes of the past are not anything like homes of today. See The “Boomers” versus “Gen Z” today: the 60s/70s vs today – Coldstreams for why you cannot just compare home prices or car prices or much of anything across multiple decades.

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