This time phenomenon is not a function of capitalism. Interest rates coordinate time with risk. In the 80s my dad bought his first house (on a middle class gs-7 federal job) at an interest rate of 12%; in the nineties he got a second house at the same value for 6%, (thus effectively free, by refi the first), and in the early aughts he got a third at 3%.

Why? Not because of the free market, but because the fed keeps goosing the interest rate downward to stimulate growth. Will I be able to do such a thing? No.