> in 1995 you could also get a nice house for like 40k Ummm, where? And the parent comment was about the low interest rate ("nearly free money") not the amoun

> in 1995 you could also get a nice house for like 40k Ummm, where? And the parent comment was about the low interest rate ("nearly free money") not the amount. What I do know is that many professional-class students can start their careers, i.e. first-year salary, at $100k and often significantly more. In 1995 nobody earned even $50k straight out of school. Economy-wide inflation numbers are weighed down by low-paying jobs, therefore greatly under-estimate how much professional (i.e. most likely to be home buyers) salaries and early earning potential has grown over the past 30 years.