According to John Haar, “The median price of a US home in 1940 was a little under $3k. Today it's around $450k. That's an average increase of ~6.25% per year. If that rate continues, in 30 years the median price of a US home will be over $2.6 million.” ******************* Taking John’s math and combining it with income, we see the *rate* of housing increasing twice as fast as wages, forcing many people to go deeper and deeper into debt should they want to own a home: The estimation of median wages in 1940 = $774 (US Census, average men/women) In 2023, estimated median wages = $57,200 (BLS) In 1940, rate of housing-to-wages = 3.9x In 2023, rate of housing-to-wage = 7.9x 1940-2023, wages = 74x 1940-2023, housing = 150x Got #bitcoin ?