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

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  N-P-R.

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  This is The Indicator from Planet Money.

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  I'm Waylon Wong here with Darian Woods.

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  Hey, hey.

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  Joining us today, the Ramblin Keith...

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  You've ambled into our happy little studio today because do you know what time it is, Keith?

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  I believe that this is indicator of the week time, Waylon.

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  It's indicators of the week.

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  On today's show, we have some not-so-great news for people on low or middle incomes,

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  which is most of us.

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  We dig into a new proposal for 50-year mortgages.

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  And how the rideshare app in your pocket may be taking more money from you than you know.

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  It is Indicators of the Week.

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  Darian Woods, you're up first.

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  My indicator of the week is negative 2%.

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  That's how much wages have fallen over the last year for low-income households once you account for inflation.

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  This was shown in a Bank of America report this week.

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  Yeah, not great news, right?

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  No, we want our wages to be increasing.

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  When people talk about struggles with the cost of living,

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