Comment Re:Temporary Decrease or Permanent Decrease? (Score 1) 253
Your argument all rests on absolute average wages ($7 vs $30) and ignores that the overall purchasing power for Americans hasn't increased for decades (https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/).
A big part of this is that core essentials haven't gotten that much cheaper overall (and some are rising rapidly). Food is more expensive and energy and water costs are growing and have largely kept pace with inflation. The cost savings in other goods just is not enough to meet the increasing size of a down payment to secure a home.
Housing has been outpacing inflation for quite sometime. This is includes rent as well as home costs. As the overall cost of housing becomes a larger precents of wages, it takes longer and longer to get a house and fewer and fewer households have the ability to save enough to meet those rising costs. Especially as rent is outpacing inflation and wages as well. (https://home.treasury.gov/news/featured-stories/rent-house-prices-and-demographics).
There is the trend of more and more single family housing being acquired by private equity to then rent out that puts additional pressure on costs and inventory and again, causing housing to outpace inflation even considering amenities. (https://www.npr.org/sections/planet-money/2025/09/09/g-s1-87699/private-equity-corporate-landlords).
Garages are cheap, A/C is an affordable add on to central heating and since central heating is often demanded by code, it makes little sense not to install it.
Add things like the costs of childcare growing in costs as availability is going down. (https://www.census.gov/library/stories/2024/01/rising-child-care-cost.html)
There are ton of headwinds in this economy that makes delaying or not having a family make more and more sense for an ever growing set of our population.
I personally think a lot of these need to be addressed with programs to increase the supply of affordable housing, eliminating corporate ownership of single family houses and additional controls to prevent rent and landlord abuses.
I also think universal health care and subsidized child-care would reduce the risk of accumulating crippling debt while put more money in people's pockets and giving them to ability to shift positions and increase wages without the threat of losing critical benefits for their family.
So, yea, just a woke snowflake here. Sorry if you made it this far.