Marco Leon writes:

Yes, and yes. While I don't think that the reasons you mentioned are the
primary reasons, I do think they play a part. Salaries are indeed higher but
so are the housing prices. A "starter" house in Long Island, NY for example
is around $450K. Paying for that mortgage while bringing up a family leaves
little room to blow $7K on a year's worth of flight training.

Forty years ago, a "starter" house might cost 1.5 times the annual salary of a
person in the middle class. Now it may cost ten times the annual salary of
such a person (although the middle class is disappearing).

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