> It's getting worse as people get financially drained by higher rents and higher food prices

Real wages ran flat from Q4 '21 through Q1 '23 [1]. Real disposable personal income also doing fine [2].

I don't mean to minimize the real struggles folks in our cities, or in tech, are facing. But it's not the whole picture.

[1] https://fred.stlouisfed.org/series/LES1252881600Q

[2] https://fred.stlouisfed.org/series/DSPIC96