alt Hacker NewsIt's only reasonable if you ignore literally everything that capitalism has done in the last 50 years.
Prices can only go up because to do otherwise harms shareholder value. None of the COVID inflation prices have come back down even though supply recovered. Prices continue going up.
People spend less of their income on basic needs than they did 50 years ago.
Housing breaks that somewhat, but on average people consume more of it (larger, higher quality spaces), so it isn't really apples to apples.