This is going to be a rare one for fka ftc, so give me a moment to fully develop.
I am going to admit to some error and short sightedness in the broader discussion I have lamented.
I have mentioned before I have a friend in the lobbying business, particular to the housing industry. I discussed this thread as he is older, wiser and vastly more experienced than I, but likely anyone who has posted on this thread.
He has a child in their mid 20's thinking about that first time home buying experience.
His counsel... well, that its a complex one and not easily blamed on this and that.
Below is a fantastic article he pointed me to. I advise folks to read it. Be warned, it does NOT back me up and contradicts me in several areas. But it backs me up in others.
For the younger folks, I will actually apologize. I will say sorry for not respecting or even considering the economic environments you yourselves experienced, and more importantly, when you experienced them.
Honestly, those things are the sorts that define different generations. So I will work to have a better understanding of the frustration you feel by working hard and being fiscally responsible and still frustrated by housing costs, particularly home ownership.
I would also still encourage you to seek opportunity in tough markets as it may be a path to success, however you may define that.
https://hub.jhu.edu/2023/08/29/affordable-housing-crisis/