2006 vs Today
The purchasing power of the median household has collapsed. See the data from 2006 below.
Labor Multiplier
It is now 1.0x harder to buy a home than in 2006.
Cost of Living: 2006 Prices
2006
Median Income
$48,200
House Price
$243,750
Today
Median Income
$83,730
House Price
$418,975