What was the price multiple between your 1980s salary and 1980s house?
Mine was 2.5.
Within 8 months after graduation I had saved the 15% deposit and could afford a mortgage on my first home.
My kids are looking at 5 or more years to be able to get near a mortgage and they are working in well paid professions, earning well above the average of their age cohort.
Now add in work place pensions, available to most working people in the 80s, and many having gold plated final salary schemes, opportunities that very few enjoy in 2023.
The means of wealth accumulation have been stripped out from under working people and pushed up to the already wealthy.
Trickle down economics was a lie, it was always a lie.