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BREAKING: According to GasBuddy data, the national average price of gasoline now stands at $3.04 per gallon, the lowest level since June 5, 2021. 30 states have average prices at $2.99 or less. Today’s median price is $2.89/gallon.
— Patrick De Haan
(@GasBuddyGuy) December 16, 2023
Subtweeting a lot of people:
When talking whether how real wages have kept up with the pre-pandemic trend, it’s worth noting that the last 10 years is a period of unusually fast real wage growth.
Median real wages were fairly flat from 1998 through 2013! pic.twitter.com/6Nl90v88p6
— Matt Darling
(@besttrousers) December 13, 2023
There’s still a ton of speculation out there that falling mortgage rates in 2024 might lead to a flood of sellers (and therefore a price crash).
The data is very clear. The opposite is true.
Lower rates stimulates demand more than supply. Inventory falls with rates.
This is… pic.twitter.com/c5n6Ntkrmm
— Mike Simonsen
(@mikesimonsen) December 16, 2023
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