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Median house price to median household income ratio was a lot lower back in the 70s. Data for the UK (similar in all developed economies):

https://www.schroders.com/en-gb/uk/individual/insights/what-...

4-6x from the 70s to the 90s, now 9x and growing rapidly.




House square footage was also lower back then though...

https://www.newser.com/story/225645/average-size-of-us-homes...




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