Economists are bewildered why people aren’t happy about the economy but this guy actually gets it. It’s housing/shelter inflation stupid.

Redfin 2024 prediction:

Redfin Predicts 2024 Will Be the Year Homebuyers Catch a Break, With Home Prices Falling and New Listings Rising

by chuck22b

6 comments
  1. The economy is great if you’re a wealthy President or a CEO, the fact they keep insisting the economy is great for the rest of us just shows how out of touch they are.

  2. How can anyone go out to buy things when all their check is going to rent, car insurance, car payments, and utilities.

  3. I’m at the point where I no longer believe economists don’t “get it.” I refuse to accept ignorance as an excuse anymore from educated people who obviously should know better. The question should become WHY are they pretending to be ignorant?

  4. When you say “half of Americans under 35” live with their parents, are you including people 0-18?

  5. Affordability is a problem but how about the certainty of jobs. The amount of layoffs that happens in this country is wild to me. All due to budgeting (even though the company make recording breaking numbers) or the fact roles moved offshore to India.

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