Doesn't change my analysis - I still don't know how people making 50 - 60k could even DREAM of affording that.
I know one guy - 'course he got lucky. Bought his land and built his house for around 200K with no one around him. Suddenly, a whole slew of rich people start moved into the neighborhood, the value of his house skyrockets to ~500K. Now he's looking at another place for around 700K...of course he'd have to sell the other house first to get some sort of downpayment.
Maybe not, but jobs that pay 50-60k in most of the country likely pay significantly more in high COL areas like Boston and NYC.