Birdwatch Note Rating
2023-09-14 01:37:51 UTC - HELPFUL
Rated by Participant: 6B77F3CE759B83CDBE33D6A5911B691F2168E691CCA5CEBDF932C9D9E20B340A
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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