Even if that was purely true, that doesn’t say anything about relative purchasing power to afford mortgage costs though. Home sizes increasing doesn’t mean home

Even if that was purely true, that doesn’t say anything about relative purchasing power to afford mortgage costs though. Home sizes increasing doesn’t mean home prices, relative to purchasing power and technology changes, have stayed consistent with real wages. And it’s likely not purely true. Home sizes being larger is also a function of REITs and corporate ownership of more consumer real estate, as well as boomers using soaring retirement fund profits to finance remodels, etc. It’s way more complex than to draw any conclusion that this means purchasing power of homes has stayed close to wages. It hasn’t.