Some items are luxuries. As our income increases, the amount we spend scales super linearly (>1).
Housing appears to scale linearly (=1)!. As our income increases, we spend a constant third on housing.
Some items are luxuries. As our income increases, the amount we spend scales super linearly (>1).
Housing appears to scale linearly (=1)!. As our income increases, we spend a constant third on housing.