Average Housing Expenditures Doubled In the Early Eighties
investigativeeconomics.substack.com
Between 1980 and 1985, the average household spending on housing—mortgage or rent with utilities included—doubled based on Bureau of Labor Statistics (BLS) survey data. Spending on housing generally increases each year with inflation, and over the last 40 years housing expenditures have tracked closely with the consumer price index.
Average Housing Expenditures Doubled In the Early Eighties
Average Housing Expenditures Doubled In the…
Average Housing Expenditures Doubled In the Early Eighties
Between 1980 and 1985, the average household spending on housing—mortgage or rent with utilities included—doubled based on Bureau of Labor Statistics (BLS) survey data. Spending on housing generally increases each year with inflation, and over the last 40 years housing expenditures have tracked closely with the consumer price index.