Afford

Things like the below are how you can know the current economic statistics are mostly lies:

Even adjusted for inflation, his grandfatherโ€™s mortgage was about 1/4 what youโ€™d have to pay now. Economists like to say absolute crap like, โ€œHouses are so much larger and higher quality now!โ€ Which isnโ€™t even really true, but it also ignores that housing is a good for which those standards are not a great measure. Most houses are not at all designed for multi-family living and these days, apartments arenโ€™t that much cheaper (and in certain areas, like Sacramento, are actually more expensive for something comparable). And having a larger kitchen doesnโ€™t matter when the real choice is having a kitchen vs. not having one at all.

I do wonder if economists believe their own lies? I think actually that many of them do. Otherwise, you get forced out of the field and not published.