1985 vs Today
The purchasing power of the median household has collapsed. See the data from 1985 below.
Labor Multiplier
It is now 1.4x harder to buy a home than in 1985.
Cost of Living: 1985 Prices
1985
Median Income
$23,620
House Price
$84,275
Today
Median Income
$83,730
House Price
$418,975