More like a studio apartment today costs as much as a McMansion did per month 20 years ago. Wages went up 30%, price of housing went up 300%. The relevant stat

More like a studio apartment today costs as much as a McMansion did per month 20 years ago. Wages went up 30%, price of housing went up 300%. The relevant statistic is that there are simply not enough jobs paying living wages relative to the number of people that need them. Flipping burgers is not a livable job in 90% of the places where corporations want burgers flipped (ie fast food joints in cities where cost of living is astronomical).