Birdwatch Note Rating
2023-09-12 17:40:22 UTC - HELPFUL
Rated by Participant: 3F0118844D98FF156B17FF10A718FE3CC79A9F3D543BFD77855AFF26AA8167F7
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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