Relevant:
- You Are Probably Worse Off Than You Were Four Years Ago
- Rising home values in the face of stagnant incomes -- Home prices are rising at a rate three times faster than the CPI. Lowest available inventory in over 30 years.
- Superstar Cities Are in Trouble - The Atlantic
- Study Finds Greater Income Inequality in Nation's Thriving Cities
- U.S. household wealth hits record high even as economy struggles; Powell sounds alarm on inequality
2013-09-11 — nytimes.com
...
The figures underscore that even after the recession the country remains in a new Gilded Age, with income as concentrated as it was in the years that preceded the Depression of the 1930s, if not more so.
High stock prices, rising home values and surging corporate profits have buoyed the recovery-era incomes of the most affluent Americans, with the incomes of the rest still weighed down by high unemployment and stagnant wages for many blue- and white-collar workers.
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