1996 vs Today
The purchasing power of the median household has collapsed. See the data from 1996 below.
Labor Multiplier
It is now 1.3x harder to buy a home than in 1996.
Cost of Living: 1996 Prices
1996
Median Income
$35,490
House Price
$140,250
Today
Median Income
$83,730
House Price
$418,975