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> Because the salaries have been stagnant since the 70s and the cost of living/existing has sky rocketed.

I couldn't find info about salaries per se, but average hourly wage in the US increased by around 800% since 1970.

and the median nominal US home value is up 1728% since 1970[1].

does that count for inflation?

according to below, its gone up by 2 inflation adjusted dollars compared to 1979...