I’d put it on the other side, though after correcting for inflation maybe it’s the same thing depending on the sector. If you’re buying a house with two income

I’d put it on the other side, though after correcting for inflation maybe it’s the same thing depending on the sector. If you’re buying a house with two incomes, you can outbid a couple with one income by a factor of two-ish. You don’t need more houses to keep up with more workers per house, so you just see prices get bid up. Eventually a house costs 1.7 full time incomes because that’s what the couple you’re bidding against probably has.