return2ozma@lemmy.world to News@lemmy.world · 1 month agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square193fedilinkarrow-up1550arrow-down130cross-posted to: usa@lemmy.mleconomics@lemmy.worldaboringdystopia@lemmy.world
arrow-up1520arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square193fedilinkcross-posted to: usa@lemmy.mleconomics@lemmy.worldaboringdystopia@lemmy.world
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up11·1 month agothe price of homes goes up faster than anyone can save. that’s the problem. housing prices used to rise at or below inflation. now they rise at like 3x inflation.
the price of homes goes up faster than anyone can save. that’s the problem.
housing prices used to rise at or below inflation. now they rise at like 3x inflation.