Not true. Plenty of things are still way overpriced. Housing in big cities (Chicago, Los Angeles, New York) is still ridiculous. And most people who make $30k/year DON'T live way above their means. It's the few who don't save that fuck everything up for everyone. It used to be that a guy coming out of HS can get a job at a living wage. Not true anymore. People coming out of college now are making $10/hr if they can actually find a job that wasn't given to an H-1B instead. It will only get worse in the future.