Ok, you're paying a bigger percentage of your income in terms of real dollars. At the end of the day, then, no matter how you look at it, you're paying more.
It's just a different way of paying more. C'est la vie.
This assumes, of course, that your statement about real income is correct. I'm not saying that it is, but for argument's sake...
Oh, so the purchase price is the same but the income to pay for it has dropped. Yes, it's called dropping real incomes.