How accurate is this meme?

1960's last time of one income American Dream. 1970's Speculative Real Estate started to get greedy. The idea a owning a House was replaced with 'House poor, Cash Rich" aka run unpaid mortgage and cash in on the sale. Interesting 70's is when Gold started to become overvalued.

Have to be smart nowadays. Real Estate speculators are one step ahead of new Home buyers. Find Real Estate not easy for them to process. Agricultural and rural property. Property Auctions and bid against the Speculators.

If you can't fight them join them. Gather a small group of people to pool their money to buy property. Intent to improve the property and one of the investors live on the property for two years. Sell the property at a profit and avoid extra taxes as it is a Resident sale. Profits compound and soon everyone in the group is living in the houses. Morally it screws the heck out of the final Buyer of the house.

Musk's $10k House is something new available. The price of a building is not a factor. Just empty property plus $20k for utilities hook up. Put a couple extra $10k houses on the property. The Roomates could pool the money and own property.

Quote from 4NIA4

Interesting 70's is when Gold started to become overvalued.

When Nixon took us off the gold standard in 1971 the dollar began to plummet. Gold and real estate have not changed in value - the dollar has continually lost value. Price houses in gold or oil or pork bellies or orange juice futures and they don’t cost much more per square foot than they did in the 1970s. But incomes have not kept up with collapsing and unsound fiat money. Add massive immigration and lots of NIMBY-ism and zoning laws keeping down supply and you have a big shortage of housing in price ranges most buyers are looking for. The free market can quickly fix this - once it is finally allowed to.