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by basisword 1655 days ago
They also had things a lot harder in many ways than we do. The 60’s is over 50 years ago now. The world changes a lot in that time. Basing your expectations on the 60’s is unrealistic.
2 comments

Yes you're right. We do have many modern conveniences and information they didn't have. So why would we go backwards on this key metric of home prices and rent? Or housing as a percentage of household income? It is an economic, social, and moral failure (see the situation in Los Angeles)
> Basing your expectations on the 60’s is unrealistic.

We use historical standards to measure progress all the time. The thing we should be exploring is "why has home ownership become so expensive?" and "what can be done to alleviate that impact?" Anything else is a distraction.