But you do have an option to buy an 1960s house. They weren't all demolished - they're still here and naturally some are for sale. > Your analysis does not exp

But you do have an option to buy an 1960s house. They weren't all demolished - they're still here and naturally some are for sale. > Your analysis does not explain away decades of mediocre wage growth in the face of inflation in healthcare, education and housing costs. Wages are typically computed per household. In the late 1960, a tsunami of divorces and single-parent households started occuring (something that wasn't widely culturally accepted before then), which makes comparisons of household wages before and after an apples to oranges comparison. It's basically bad stats. Re: rising costs of (higher) education and healthcare. It's partially similar to the housing situation. The standard of service people get (and expect to get) today is dramatically higher than in 1960s. In 1960s, we didn't even have MRIs... Nowadays medicine is packed with expensive technology and drugs - that has to inflate the price. Similarly, today's university environment is a combination of an university of the past with a high-class resort (the student facilities are basically on the level of good hotels in many cases) - that's gotta inflate the price too. Add extractionary practices of the medicine insurance companies cartel and university administrators on top of that, and that pretty much explains current prices.