Price and income assumptions
»Study: Average Cable Bill Will Top $200 By 2020
quote:2 assumptions in that statement. That rates will continue to rise at 6%/yr until 2020. And that income will remain flat.
While consumer income remains relatively flat, cable rates have been rising an average of 6 percent per year
Real disposable personal income per capita according to forecasts will average about 2%/yr. »www.ers.usda.gov/Publications/OC···111b.pdf So that number is not expected to be flat.
Will cable rates continue to rise at 6%/yr? If, as claimed by many in the technology forecast business are right, cord cutting will continue to increase and internet video explodes, cable rates will NOT increase at 6%/yr.