2022: $387k/$70k = 5.5
2012: $181k/$50k = 3.6
2002: $161k/$42k = 3.8
1992: $100k/$30k = 3.3
1982: $62k/$19k = 3.3
1972: $28k/$9k = 3.1
One of these is not like the others. People who tell millennials that they need to suck it up and spend their money better are idiots. What is often the most expensive purchase in someone's life? A home. It's harder now to get into a home than it ever has been.
$100k is not what it used to be...