Old Oct 30, 18, 3:19 am
  #22  
Worcester
 
Join Date: Sep 2014
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Originally Posted by RGS5526 View Post
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I sometimes wonder whether the influx of married women into the workforce was a cause of prices rising to match the spending power of a dual income.
Well prices are fixed by supply and demand, boost household incomes and demand increases.

But looking at the data, where we have been able to tap increased global competition (such as in airfares for example) real prices have dropped. Where the supply has been constrained (housing for example) real prices have rocketed.

Our current malaise is most likely a mix of self-inflected issues and increased expectations.
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