> My wages didn't go from 150K to 600K in that same time period. the thing is, there are people who did have such an increase (in wealth, if not by income). T

> My wages didn't go from 150K to 600K in that same time period. the thing is, there are people who did have such an increase (in wealth, if not by income). Therefore, the value of said house is higher, because those people who did have wealth increases want those houses.