It's not just America though.
Where I'm from:
UK average income before tax) £34,963 - £27,911 after tax (assuming NO student loan and NO pension) (for context: a band 3 nurse with 3 years experience makes £24,336 before tax or £20,631.51 after with no pension)
England average house price: £375,131
Approx ratio after tax: 13:1
Minimum deposit: 5% - £18,756.55
Tax: 0% on first time buyers
Fees: about £1,000 - £5,000
Total cost to get going: Approx £21,750 - nearly a years wage.
Now let's look where I live: Spain!
Turns out Spain really is a load of countries wearing a hat so getting unified stats is not easy. Let's try Barcelona:
Average income before tax: €33,837 - €25,470 after tax
Average house price: €376,399
Approx ratio after tax: 15:1
Minimum deposit: 10% - €37,639.90
Purchase tax: 10% - €37,639.90 (plus 1.5% for new builds)
Fees: 2 - 5% - 7,527.98 - 18,819.95
Total cost to get going: €82,807.78 - €94,099.75
Turns out treating housing as a market to speculate on might just be the problem all along.
My favourite bit is when Wikipedia itself is like "the 10,000 claim was made by one dude who basically instantly retracted it and claimed the still unplausibly high number of 2,000".
Also, the Tank Man photographer talks about the protestors throwing molotov cocktails and beating police officers to death.
And the whole "China pretends it didn't happen"...they have official death estimates. 300 people. The US have their own estimate. 900 people. But no matter the number, it was much fewer than the protest leaders had hoped for.
To quote one of the protest leaders "What we actually are hoping for is bloodshed, the moment when the government is ready to brazenly butcher the people. Only when the Square is awash with blood will the people of China open their eyes" - Chai Ling
By the way, that person is alive and well running a firm that fires people for not praying at work.