“My grandparents bought their six bedroom house for $2,900.00
My parents bought their 3-bedroom split level for $48,000
My wife and I bought a 5 bedroom home for $380,000
Tell me housing isn’t out of control.”
It’s just an order of magnitude increase every generation. I wonder if that holds for other “durable goods”? It would seem to for cars prices, perhaps....
I would imagine everything has tone up the same as housing except salaries.