Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

https://lemmy.world/post/15596576

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says - Lemmy.World

We have been very lucky and fortunate to acquire the American dream. My wife and I wouldn’t have been able to do it without the help of her family though. Every time I look at the housing market it’s only gotten crazier.

The median home prices in California where I’m at.

I’m in the SF bay area. FML
Living there for two years… I realized I needed to gtfo of California. Thankfully I did two years ago.