Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
How Your Raise Is Finally Outrunning Rent Prices
In this special 50th episode of Wages and Prices, Lucas and Luna examine a rare piece of good news for American workers: after years of being crushed by rising housing costs, wage growth is finally outpacing rent increases. Using the latest data, including median weekly earnings of $1,204 and a CPI rent index that's rising at its slowest pace in years, the hosts explain the structural forces behind this shift—from a surge in multifamily construction to softening demand in Sun Belt markets. They also explore what this means for purchasing power and whether the trend can last. The episode…
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