House Values and Monthly PITI Payments

Since 1990, house values have gone up a great deal.

What have monthly PITI payments done during that same time period?

From 1990 the average house price has increased by: 237.5%.

From 1990 the average house PITI payment on an inflation-adjusted basis has decreased by: 14%.

That's pretty astonishing. Think about the amount of free cash flow that has been made available for overall economic growth through lower interest rates...