During my dad's time, it was much easier to buy a house on a modest salary. And the houses were well built too. These days, it is near impossible to buy a house unless you are a very high earner, as all available real estate is being gobbled up by "investors", aka, who have high paying jobs (mostly software).
It is good that we are elevating people from poverty. All I am saying is it creates a different set of problems. But yeah, overall it is good that we are able to pull more people up from poverty.