IMO she was about half right, in the mid 90’s Sr engineers were getting about 70k, entry about 40k (from my experience anyway).

By 1999 it was getting closer to 100k for Sr engineers (in Socal, again from my experience).

Now about 150K

But the interest rate was about 8-9 percent at that time I think that has a greater influence on house prices IMO.

The biggest issue is the non-tech workers have not kept up for the most part.