"Mxsmanic" wrote in message
...
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).


Then someone is buying way too much house!