1992 vs Today
The purchasing power of the median household has collapsed. See the data from 1992 below.
Labor Multiplier
It is now 1.3x harder to buy a home than in 1992.
Cost of Living: 1992 Prices
1992
Median Income
$30,640
House Price
$121,375
Today
Median Income
$83,730
House Price
$418,975