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July 24, 2024
Housing and the American Worker
As the American Worker Project analysis shows, real wages have increased over time. Real wages are nominal wages corrected for changes in the price level, and a natural approach to understanding the…
July 18, 2023
The Great Recession, COVID-19, Interest Hikes Left a 15-Year Mark on Housing
…prices so high – during the last decade were interest rates that were very low by historical standards. As the Federal Reserve cut interest rates to fend off a recession…