>>When I bought my first house (it was new) in 1961 it cost about 1.5 times my annual salary.
>>That same house will cost the buyer about $900k today.

Yes, because you're wanting to sell it for that price. You could sell it for 1.5X the buyer's annual salary if you wanted to. I won't hold my breath.

>>Meanwhile incomes, except for those of the very rich or some professions, compared those cost increases have stagnated.
>>Why?
>>I personally witnessed the devastation of hundreds of thousands of high paying union jobs begun during the Carter administration and continued during the Reagan >>and Clinton administrations.

The 1% currently urges Trump and Congress to continue granting hundreds of thousands of B1 visas to compete on price with professional and IT US graduates. This recipe delivers more fat for the employer class, less for everybody else.

The 1% does 2 other things: a) it offshores jobs to China or other slave labor jurisdictions to secure a larger share for itself, sacrificing the jobs of at least 5M fellow Americans according to current analysis so the 1% can get richer faster; and b) along with most non-disgusting candidates it urges allowance of millions of immigrants to compete on price with US blue collar workers. You've already seen what happens when somebody challenges the 1% on that topic: business wails that it will have to close if forced to pay market rates, but in real life pay and other conditions start to improve to attract workers and communities consigned to the dustheap by successive administrations, suddenly see the social compact has regard for them too.

If you want pay rates to increase, stop the unnatural influence wielded by the 1%. E.g. remove the absurd notion that a Representative may not accept a direct payment, but it's just fine if it's via a cutout or unnatural access to an IPO rather than $ or via adult children rather than the representative himself. This goes both ways: one of Trump's kids was reportedly referenced POTUS to assist with real estate deals but you can't snipe at that without looking at adult kids of the non-disgusting candidates too.

>>Are you blaming the fact that the US can't pass a minimum wage of $15/hr on generational theft?

No, that one is down to availability of cheap alternative labor. Legislating is treating the symptoms of these policies - like offering an ice bath if somebody is febrile, rather than diagnosing and treating the underlying infection.