One thing I’ve found surprising is that looking at raw data, we should be in the midst of an affordability crisis yet there’s little unrest about it.
Only 8% of new vehicles being under $30K or the gap between household income and home prices being almost 2x higher now than during the housing bubble both seem like scary stats.
Yet, consumers and the economy keep chugging along with nary a hiccup. How sustainable is this?


