This is the definition of broken:

Americans need to earn 70% more today than six years ago to comfortably afford a median-priced home, per Realtor com.

It gets worse: There are now more homebuyers over age 70 than under 35, per FORTUNE.

Do you realize what's happening?

We may be witnessing the end of middle-class homeownership

The post-WWII model of widespread homeownership was built on cheap land, abundant construction labor, and reasonable building costs.

Those conditions no longer exist

@FluentInFinance

It's more like a return to pre-WWII home ownership rates, when it was common for 3 generations to live in the same house and it was expected you'd inherit your family home. Homes were so expensive that building one by hand was often the only option.

Even as recently as 1946, It's A Wonderful Life depicts regular people trying to afford housing and the evil forces of capitalism denying them.