Wages are not comparable to asset prices since one is an over time payment and t... | Hacker News

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zeroonetwothree on Aug 2, 2022 | parent | context | favorite | on: What’s going on with Google and Facebook hiring fr...

Wages are not comparable to asset prices since one is an over time payment and the other is a quantity at one time.

In any cases total wages (well, income) are equal to GDP so I don’t think anyone is against an overall rise (in real terms).

FartyMcFarter on Aug 2, 2022 [–]

> Wages are not comparable to asset prices

They get directly compared when getting a mortgage though - typically there's affordability criteria including the ratio of income to mortgage amount.

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