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Midday Open Thread

15
Guanxi883/19/2010 2:38:28 pm PDT

Apropos of nothing but my own ADDOCD (constantly changing obsessions, with a hat-tip to Dennis Miller) I’ve been wading through the old census data to try to put together some historical data on median new house price as a percentage of annual median income. It’s early in the game (only got about 40 years’ data, and want to go back further, if possible), but so far, it looks like I’ve found ONE of the causes of the wide-spread perception of falling incomes over time. Here’s a hint - your house costs you more than it used to; a hell of a lot more.