Yeah.
As I've posted here more than once, I grew up in a Chicago bungalow, 1100 square feet on a 25x100 lot. Shared a room with my kid brother until I was 18. And we never felt poor. Burning the mortgage when I was twelve years old probably had something to do with that.
“I grew up in a Chicago bungalow, 1100 square feet”
Most boomers grew up in a house with one bathroom where we all shared bedrooms with our siblings. We also had a one car garage because we only had one car. We had linoleum on the kitchen floor and formica on the countertops. We had one TV and it was black & white. Eventually we got the Zenith 25” color TV in the genuine pecan wood cabinet that got 4 channels and had a clicker which only dad got to use.
We also had the stereo(am/fm radio and record player) in the cabinet that was 7’ long.
My parents never had a mortgage on the house they bought in 1968. They paid $25k in cash.