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Remember when $55k was a good middleclass wage and would buy you a house in seattle where these guys are working?


Well, remember $55k is a good wage for all consumer needs in the US except costs of urban housing, healthcare and education services. It's not about inflation, it's about rent-seeking and "cost disease".

http://slatestarcodex.com/2017/02/09/considerations-on-cost-...




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