This number has been steadily increasing over time. It was 30% in the 90s, 40% in the 2000s. Then with the ‘08 recession and onslaught of shit since then, it spiked up into the 60s for a while around ‘21. I am surprised it’s back down into the 50s again, but maybe that speaks to just how little $1k can buy you after the exploitative price gouging of the past few years.
This number has been steadily increasing over time. It was 30% in the 90s, 40% in the 2000s. Then with the ‘08 recession and onslaught of shit since then, it spiked up into the 60s for a while around ‘21. I am surprised it’s back down into the 50s again, but maybe that speaks to just how little $1k can buy you after the exploitative price gouging of the past few years.