3 ms·

If you judge by real estate prices it is probably true. I would rather be making 100k 10 years ago then making 300k now in terms of housing prospects.

• barbazoo 5y ago
  Interesting that's not what I'm seeing in my area. Here, houses doubled, maybe tripled in "value" over the last 10+ years. But that's from 200k to 600k which doesn't mean my salary has to double or triple, just that it takes longer to pay off. But working in tech, the last thing I do is complain since it's still quite doable. For a median income, true, not so much. Real estate isn't everything though, definitely not enough to judge living standards. I might be wrong but though.
  • anm89 5y ago
    The problem is, you have spent most of that time saving in old salaries even if in 2022 your salary has caught up to 3x house prices. The house prices are there already, if you were planning on buying, you may still be in the game but you are probably looking at years of extra work.