The American Economy Is Historically Strong. Workers Are Doing Better Than They Ever Have

[Moonglow]

when someone raises someones rent 2-3 hundred a monrth...then there is a problem...

Yes, they should have bought.

 

[Moonglow]

thats great skews...when is the price of the stuff people buy like food going to go down?.....how about rent?....

It has been.

 

[The5thHorseman]

when someone raises someones rent 2-3 hundred a monrth...then there is a problem...

Where is that happening?

 

[The5thHorseman]

Inflation is very high and wages are not keeping pace.

Post the numbers.

We all know what you've been told.

 

[Harry Dresden]

Yes, they should have bought.

not everyone can afford to buy a house moon....

 

[Harry Dresden]

It has been.

what has been?......

 

[Harry Dresden]

Where is that happening?

around the country....geezus do a little research.....

 

[The5thHorseman]

around the country....geezus do a little research.....

No offense, Sparky, but I see multi family rental data - to which you will never have access - all year. National, regional, MSA.

I don't care about the anecdotal xit you think you heard on FOX.

Ya follah?

 

[sparky]

SHOW US YOUR DATA.

~S~

 

[Harry Dresden]

No offense, Sparky, but I see multi family rental data - to which you will never have access - all year. National, regional, MSA.

I don't care about the anecdotal xit you think you heard on FOX.

Ya follah?

i dont listen to fox sparky....there are many reports of people getting their rent raised 200 bucks around the country....ya follah?....

 

[The5thHorseman]

~S~

Please...

Don't oblige me to spend several minutes trying to get at it.

 

[The5thHorseman]

i dont listen to fox sparky....there are many reports of people getting their rent raised 200 bucks around the country....ya follah?....

Post a few.

 

[Harry Dresden]

Post a few.

Nevadans grapple with punishing rent hikes even as economy rebounds - The Nevada Independent

While leaders tout Nevada's strong post-pandemic economy, residents are facing challenges due to soaring housing costs. Read more about it here.

thenevadaindependent.com

Woman Shocked by $855 Rent Increase in Viral Video: 'Isn't That Illegal?'

"I thought my $75 was bad," one user commented.

www.newsweek.com

Tenants struggling as apartment rents soar in Las Vegas Valley

Some Clark County residents are seeing apartment rents climb as much as $300. With fewer units on the market compared with last year, some experts say rents are likely to continue to rise.

www.reviewjournal.com

 

[C_Clayton_Jones]

And of course conservatives want to see the American people suffer economic hardship for some perceived partisan gain.

 

[The5thHorseman]

Nevadans grapple with punishing rent hikes even as economy rebounds - The Nevada Independent

While leaders tout Nevada's strong post-pandemic economy, residents are facing challenges due to soaring housing costs. Read more about it here.

thenevadaindependent.com

Woman Shocked by $855 Rent Increase in Viral Video: 'Isn't That Illegal?'

"I thought my $75 was bad," one user commented.

www.newsweek.com

Tenants struggling as apartment rents soar in Las Vegas Valley

Some Clark County residents are seeing apartment rents climb as much as $300. With fewer units on the market compared with last year, some experts say rents are likely to continue to rise.

www.reviewjournal.com

When all the anecdotes are done, this is what you have


Over the last five years, historical rental data from Zumper shows that a one-bedroom apartment in Las Vegas went from a median of $755 a month to $1,250, up nearly 66 percent. For the same timeframe in Reno, one-bedroom apartment prices have increased almost 91 percent from a median of $668 a month in January 2017.

Still, the prices are in line with rising rent costs across the West Coast and the country, said Susy Vasquez, president of the Nevada State Apartment Association.

In 2009, you could buy a house in Vegas for a box of pop tarts...

Rental rates TEND to chase income...

My daughter rents in Austin...that market is foked. When companies move in they do so large, and not only attract new engineers, but cause the payscale for the "resident" engineers to rise.

Neither it, nor Vegas, is at all representative.

 

[CrusaderFrank]

• The US unemployment rate today is 3.4%, the lowest peacetime unemployment rate since WWII, and the lowest since 1969. A majority of Americans alive today have never experienced an unemployment rate this low. The current Black unemployment rate, 4.7%, is the lowest ever recorded. The worker participation rate for prime age workers is now higher than before the pandemic.
• In the last few months, America has experienced the lowest uninsured and lowest poverty rates in its history.
• GDP growth is averaging over 3% in the Biden era, a very strong number. Our economic recovery from COVID is the strongest of all advanced economies. The Dow is up 24% since Election Day 2020, and is at the upper end of its performance over the past generation. Wage gains and new business formations are at historically elevated levels.
• The current Atlanta Fed GDP Now forecast has GDP growth coming in at 2.9% this quarter. Job growth remains very strong - 253,000 last month. While things are slowing down, as we want them to be, we are not currently headed toward a recession.
• Despite the enormous global disruption of COVID and the Russian invasion of Ukraine, the American economy is remarkably strong, people are working, their wages and incomes are rising, and fewer are uninsured than ever.

It's Time for A Big Rethink on How We Poll and Talk About The Economy

The American economy is historically strong, and our workers are doing well

simonwdc.substack.com

And as long as Republicans are kept out of it, it will stay that way

….and all we had to do was double the price of EVERYTHING!!

 

[The5thHorseman]

….and all we had to do was double the price of EVERYTHING!!

We don't "do" that.

 

[CrusaderFrank]

We don't "do" that.

The Biden Administration did!!

 

[The5thHorseman]

And of course conservatives want to see the American people suffer economic hardship for some perceived partisan gain.

America must be punished for rejecting the yahoo economic prescriptions which have failed it with frequency since 1980.

 

[The5thHorseman]

The Biden Administration did!!

No...it didn't.

That's ridiculous.