Birdwatch Note Rating
2023-09-12 16:46:48 UTC - HELPFUL
Rated by Participant: 04479BB22D5B385CA85AB3989C6E72F6E879E7C38754F027737CEC08D4EEB4CA
Participant Details
Original Note:
This chart appears to compare a measure of change in nominal (unadjusted for inflation) changes in rent to real (adjusted for inflation) changes in income: https://fred.stlouisfed.org/graph/?g=18JQU Rents have closely tracked income but a gap of ~6% has existed since the 2008 financial crisis induced recession: https://fred.stlouisfed.org/graph/?g=18JRa
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