this post was submitted on 25 Feb 2024
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[–] Kecessa@sh.itjust.works 43 points 6 months ago* (last edited 6 months ago) (2 children)

Adjusted to inflation they've basically kept up on price for the equivalent model, but income hasn't followed inflation...

[–] Evkob@lemmy.ca 46 points 6 months ago (1 children)

Another point: for equivalent models. Car manufacturers over the past two decades have been dropping the more affordable sedans and such from their lineups, favouring their more expensive SUVs.

[–] ShepherdPie@midwest.social 1 points 6 months ago

Maybe domestic manufacturers but that's because they built terrible, disposable cars that nobody wanted.

[–] Telodzrum@lemmy.world 0 points 6 months ago (1 children)

Real wages are actually up even against the high inflation of the last few years.

[–] Alteon@lemmy.world 2 points 6 months ago

Highly dependent on your industry and location. There's a lot of people still on actual minimum wage. And it sucks...