I don't know about house costs, but I have noticed a huge change in kids.
I was born in the early 50's.
We had none of todays tech toys, and very few store bought toys at all.
We played outside, with the dogs, with our bikes, made forts with hay bales in the barn, played ball, went fishing, etc.
And I do not EVER remember telling my parents, "I'm bored".
Now, about all I see kids doing is texting, computer games, x-box, etc.
And at one point of nearly every single day, you hear, "I'm bored".
As for adults, I have never seen as much time and money spent on "keeping up with the Jones". It is frightening how much peer pressure dictates their decisions.