2001 vs Today
The purchasing power of the median household has collapsed. See the data from 2001 below.
Labor Multiplier
It is now 1.2x harder to buy a home than in 2001.
Cost of Living: 2001 Prices
2001
Median Income
$42,230
House Price
$173,100
Today
Median Income
$83,730
House Price
$418,975