Boomers couldn't buy a house for the price of a small car either. The cost of a small car would basically buy the same it does now, first and last, money for a bed and kitchen table with a little spending money left over. Of course, you couldn't sell the car because you needed it to get around.

Boomers had a few thousand to pay off for school, 2-4 years. Most current graduates have 7 years and up of debt. College debt will delay home buying for many. It's really sad.