2003 vs Today
The purchasing power of the median household has collapsed. See the data from 2003 below.
Labor Multiplier
It is now 1.1x harder to buy a home than in 2003.
Cost of Living: 2003 Prices
2003
Median Income
$43,320
House Price
$192,125
Today
Median Income
$83,730
House Price
$418,975