It sucks for us on the coasts as making $330,000 in NYC or San Francisco is nothing like making it in Nebraska and Texas, or even DC and Chicago.
If you take the historial average for price of home /income, which is 3/1, that would allow you to ahve a $1Million home. In San Francisco, you cannot buy a house for $1Million.
You can, however, buy a 1100ft. 2bdroom condo. that is, you could, until you had to pay teh 50% tax that is going to be levied.
i wish there was a way to take the cost of living into account. For instance, if you make $500K in SF or NYC and $336K in the rest of country.