coopershucumber.bsky.social
👤 Joined on 16 novembro 2024
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The political media likes trump and wants to help him. They're his little helpers
Show PostI think Jolly's genuinely favored at this point.
Show Postcould be wrong, this is one of my less secure theories, but
Show PostBut, that means that where rent/income is definitely inflated, we definitely are in "crisis" condition. On the other hand, I agree that, indicators like "rent more than 30% of income" are mostly a reflection of incomes, not rents, and aren't very useful. 3/3
Show PostTotal spending as % of income is higher, meaning that we have reached the limit at which families are willing to compromise on real consumption in order to maintain homothetic demand. The main reason that rent/income can be unhelpful is that it actually hides much of the decline. 2/
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