> Is that true? A median household (with ~80K income) should be able to swing a 250K mortgage, probably a $325K house with down payment. 80k is 3-4 typical wag

> Is that true? A median household (with ~80K income) should be able to swing a 250K mortgage, probably a $325K house with down payment. 80k is 3-4 typical wages. That is, the wages of jobs that are most obtainable make 25k-31k. The folks in those income brackets are 25% of the population (and 35% of minority groups). Housing stats are commonly presented as if they don't exist. However until few administrations, they had a long history of home ownership.