The Affordability Problem

Why things cost what they cost, explained with the actual numbers.

Every figure in every film comes from a public data series — the Federal Reserve, the BLS, Case-Shiller, Freddie Mac — and every one is listed in the description, so you can check it yourself. Nothing here is a forecast. It's what already happened.

The first film is about housing: how $6.2 trillion of new money and the fastest rate rise in forty years pushed the income you need to buy the typical American home up 121%, while median pay went up 34%.

If you earn more than your parents did and still can't buy a house, you are not bad with money. The arithmetic changed.