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"[T]he forces causing this affordability crunch are far larger than any given set of prices. Instead, they are mostly the forces that led to rising income inequality by intentionally suppressing the power of workers in labor markets."
https://www.epi.org/blog/rising-inequality-is-the-root-of-affordability-problems/?utm_source=epi-spotlight&utm_medium=email
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Rising inequality is the root of affordability problems

When most people—including policymakers—complain about a lack of affordability, they think of prices being too high. But affordability is the outcome of a race between prices and incomes. After all, goods and services were a lot cheaper 90 years ago during the Great Depression, but we all know that nearly everybody is richer today than…

Economic Policy Institute