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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | | HN request time: 0.204s | source
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tlogan ◴[] No.44422630[source]
This is a great example of how factually incorrect narratives - so long as they align with a preferred agenda (which is that things are not affordable any more) - it gets upvoted.

Reality check:

- In 2025, there are 12 new car models available under $25,000

- In 2005, there were around 10 new models under $15,000 (25k adjusted by inflation)

So the premise that “cars used to be much more affordable” is not true. This article is full of misleading or outdated information that distorts the real trend.

HN deserves better data-driven discussions.

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weberer ◴[] No.44423014[source]
>adjusted by inflation

So the affordability crisis completely disappears once you adjust for the #1 thing that's been making things unaffordable.

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1. senko ◴[] No.44423849[source]
Of course, you should be adjusting for the wage rise instead.

FRED figures show wages slightly outpaced inflation: https://fred.stlouisfed.org/series/LES1252881600Q (unless I'm reading the chart incorrectly)