re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

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There is no housing crisis.
There is no housing cost crisis.
There are a lot of people who unwilling to live in a place that isn't their dream location. I bought in St. George (oh, yeah, that's right) because the same house in a decent neighborhood in town would cost twice as much. Simple as that.
Look at Colorado. Everyone wants to live in the Front Range cities with quick access to the mountains. No one wants to live an hour east in the prairie lands because it is not the dream. No matter that the houses are half the price.

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Except for every single piece of data available showing that housing affordability is at historic lows.

Other than that, yeah you're right.