Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating Rent Hikes
In this episode, Lucas and Luna dig into the latest wage and rent data to explore a turning point for renters. With average hourly earnings up to $37.50 and rent growth slowing to its lowest pace in years, real purchasing power for tenants is finally improving. The hosts break down the numbers from the May CPI report, discuss why rents have stayed sticky for so long, and what the Fed's preferred PCE inflation reading means for future housing costs. They also consider whether this relief is sustainable or just a lull before the next wave of increases. A hopeful but cautious look at one of…
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