Do Your own math, if the avg. income between per/cap & total household is $76,000, & 450K avg. Home. At today's rate of 6% drug out for 30yrs., that's over 42% pre-tax/mo. of income, hmmmm good luck getting approved for that one....
Not sure why you split per capita and average household .
And the average home price of $450k means that some are 1,000,000 and some are $200,000.
I do agree with your sentiment about homes costing too much but that in my opinion is due to tax policy that encourages using homes as commodities vs for living in . Corporations owning 100,000 houses or individuals owning 10,20,30 homes does not help affordability.