The Motley Fool: How the Average American Home Has Changed in the Last 40 Years.
It's not the only factor, of course. People don't buy houses outright, they take out mortgages. So, interest rates make a big difference too. "Affordability", i.e. monthly payment vs monthly income is a key measure.
It's not the only factor, of course. People don't buy houses outright, they take out mortgages. So, interest rates make a big difference too. "Affordability", i.e. monthly payment vs monthly income is a key measure.