Home prices are going through the room in my town. The cheapest smallest house in the city for sale is 491 sq ft. The price is 200k even. To qualify for that mortgage loan you have to make $32 per hour or 61k salary. The median salary in my city is only 42k thus to get into the tiniest cheapest home one must make about 30% over the median. Most veteran supervisors here dont even get that.