https://marco.org/2008/04/09/the-bigger-problem-is-that-the-now-finished-boom
The bigger problem is that the now-finished boom was, for most Americans, nothing of the sort. In 2000, at the end of the previous economic expansion, the median American family made about $61,000, according to the Census Bureau’s inflation-adjusted numbers. In 2007, in what looks to have been the final year of the most recent expansion, the median family, amazingly, seems to have made less — about $60,500.
— For Many, a Boom That Wasn’t (via azspot). And now, houses cost a lot more than they did in 2000.