Housing shortfall, costs and affordability

[plam]

No, they benefitted from a time in life when housing was affordable.  Tell me how the guy who worked in a factory (And I dont mean Budds or Schnieders) back in the day benefitted from an exclusionary system yet managed to buy modest homes?  It was because you weren't taxed to death and your buying power of the dollar  was better.  Stop with the social injustice bs.

It's certainly not taxes that have made house prices go up. It's our fellow citizens who keep on paying more and money for houses, aided by low interest rates. As KaiserWilhelmsBust points out, the average house price to average income ratio is way out of control and a lot higher than it used to be.

The modest salary working in a factory also used to be higher than it is now in terms of buying power. Rent and real estate are both more expensive. Food is probably cheaper.