lolwut? A top-1% income is north of $400k nationally. That buys plenty of house in most places. You could take a 50% pay cut and still be fine in suburban DC.

EDIT - OP edited their post to say "1% within age group, more like 10% overall". That's still likely a $100k+ annual income. I'd suggest buying a house is still possible on that income, just perhaps not across the street from Apple or Amazon offices.