The housing crisis is limited to California and other blue states; most places have the opposite problem.

Also, most US households are homeowners, which means housing prices going up increases their (imputed) income.

> Is that chart controlling for number of incomes and hours worked?

Why should it? It's bad practice to control for random things - that gets you collider bias.

But see:

https://fred.stlouisfed.org/graph/?g=cWvT

https://fred.stlouisfed.org/series/LNS11300060