50-year mortgages, falling real wages, and doing your rideshare due diligence

In this episode of The Indicator from Planet Money, Wailin Wong, Darian Woods, and Keith Roemer discuss three economic indicators of the week. Darian leads with the concerning statistic of wages for low-income households falling by 2% after accounting for inflation, highlighting a K-shaped economy where high-income earners are experiencing wage growth while lower and middle-income earners fall behind. Wailin then discusses the proposal of 50-year mortgages and why it may not be a good idea. Finally, Keith discusses a study that says people are losing money by not comparison shopping between ride-sharing apps like Uber and Lyft.