Once again, the media confuses average and median, leaves out that half of homebuyers are dual incomes, not a single income, and that people can and do buy homes less than the median price. Bad reporting.
The sole purpose of today’s media is to frighten you and present you with negativity. This article should win an award for mindlessly frightening people about something that is very unlikely and, in fact, there are protections in place.
Today’s journalists are a mono-culture (nearly 4 in 5 have degrees in arts and humanities), and at the national level, attended elite universities, with global experiences. They are disconnected from the public about which they report, and for whom their stories are targeted.
Time selected Top 100 AI Innovators. The method they used for selection is not described. The entire selection team of more than two dozen staff has backgrounds in the humanities; not one has a STEM degree. This is typical of the lack of skill diversity in journalism.
the authors find that students with wealthy parents enjoy a large advantage in elite college admissions that academic credentials alone cannot explain. Moreover, graduates of these institutions reap significant monetary and nonmonetary rewards compared to similar college graduates who attended less-prestigious schools. New Study Investigates Why Elite Colleges Favor Rich Kids (forbes.com) And this applies to elite journalists as well: The twelve most prestigious private schools (the Ivy League plus the University of Chicago, Stanford University, the Massachusetts Institute of…