Thread - Nostr Hypermedia

I wonder what the ratio would have been like in 1890. I read Piketty’s book and find the argument intruiging that mainly the two world wars produced the middle class and that income and wealth distribution are simply bouncing back to normal as they were before 1914.

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Replies (2)

freemymind 🇨🇭 freemymind@NostrAddress.com 2 months ago

Good point I think in Switzerland it would be somewhere around 12-15 years. But also house standards are far higher. Since building more durable and more isolated also means far higher prices.

Mike Dilger ☑️ mike@mikedilger.com 2 months ago

Interesting. Perhaps. I should read that. I just noticed the second graph in my link, set to all time and go back before 1950. Homes were far more expensive than now, compared to average personal income. I guess people lived in large families still so that made it possible.