this post was submitted on 23 Oct 2025
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A Boring Dystopia
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I agree that buying your first home takes some sacrifices. But the sacrifices even 20 years ago were significantly less than they are now, let alone 40 or more years ago. I would hope that someone in her position would understand that it's not about saving $5 or $10 a day on Starbucks, or even buying a cheaper phone. The disparity between income and home price is just completely different.
Median household income in the US in 1980: $21000
Median home price: ~~$47000 (2x)~~
Edit: $62000 (3x) is probably more accurate.
Median household income in the US in 2000: $42000
Median home price: $163000 (4x)
Median household income in the US in 2020: $67000
Median home price: $327000 (5x)
It doesn't take a genius to see the discrepancy here. That's a lot of fucking Starbucks coffees to not buy to make up the difference.
Note: I'm using US numbers because of the context.
Not disagreeing with the numbers but could you provide your source? I would like to use this next time my family says a house is cheap/good deal ($500k for 2b 2b in the sticks).
Found this. No idea if the same source as OP, but says federal reserve data
https://www.visualcapitalist.com/median-house-prices-vs-income-us/
Oh this is perfect. Thank you. I was just gathering numbers and had discrepancies, but this shows it perfectly.
Cool!