Or to look at it another way, the average house now is approx $295,000 in the country. That means the average salary should be $120,000. Right now the average salary across all groups and professions is $51,000 - less than half. Inflation is wrecking the middle class.
A houses cost 2.5x annual salary in 1971? So, using the same methodology.... if you make 50k a year now a house should run you 125k.
Or to look at it another way, the average house now is approx $295,000 in the country. That means the average salary should be $120,000. Right now the average salary across all groups and professions is $51,000 - less than half. Inflation is wrecking the middle class.