I mean yeah. Once other “financial assets” become more attractive (bonds at 5.5%?) maybe less parasitical activity will happen in the housing market. The whole thing started going off the rails when rates dropped to essentially nothing.

If you think current home owners have it bad, imagine anyone trying to get in the market now. Not only are mortgages 3X the price, but the houses are 2X the price they were before. The entire thing is completely unsustainable, and yet the Feds have done fuck all. Well no, actually they have made it worse every single step of the way (see the first time home buyers savings account for the latest idiotic idea).

The question is really best answered by asking did the person own real estate before the pandemic hit?

The financial chasm that ripped apart society along the lines of real estate ownership is very real

This would honestly improve the quality of life for so many people.

I feel you on this one

Wait, there’s an app?