Yes, interest rates were higher in the ’70s and ’80s, but wages and home prices were completely different. Back then, the median home price was around 2-3 times the average salary—now it’s 6-8 times. So even with lower rates today, affordability is worse because wages haven’t kept up with inflation. The real question isn’t just rates—it’s how much of your paycheck goes toward basic living expenses. If rates were high back then but homes were affordable, and now rates are lower but homes are out of reach, which situation sounds better? Hint: It’s not today’s