1960
Median household income: $5,620
Median home price: $11,900
Home price / income = 211 percent

Today

average median income today $50,964
average cost of a house -
$244,792
Home price / income = 480 percent

You were saying? Oh yeah... it's all about a TV

http://i.usatoday.net/news/graphics/housing_prices/home_prices.pdf