For starters, it was easier to buy a house in the 70's with the wages/salaries back then than it is now with the wages/salaries to buy a home. People, prices for real estate is ridiculous, it is isn't relative bla bla bla.
And as for the comment 'glad I don't own my own home', well if you are a mortgage payer I feel for you as interest rates will be rising in the near future. If you own your own home outright, you have nought to fear except for the smartie pants that soil the market as they've been doing so for the past 10 days.
