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by mariojv 974 days ago
Those numbers make this paper net worth increase seem so ridiculous. Did the median American really become 36% richer since just before the start of covid?

I suppose you could argue people spent less and were able to pay off a lot of debt. I suspect more that a housing correction is overdue, although it remains to be seen if this will take the form of housing staying flat while inflation nibbles away at the real value or an actual price drop.