re: The Medium income Amercan Family now earns 1/2 the income needed to buy the avg home.

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You can afford median houses in other locations. Has that sunk in yet?

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Jesus Christ. Read this on repeat until you realize how absurd of a statement it is.

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Boomers lived through times of plenty and think they have it rough. Dudes can even find a woman to marry nowadays.

Dudes now will graduate college with engineering degrees and work 5 side gig jobs for 2-3 years while applying to 1000 jobs all offering $50k salaries. Rent $1200/mth Food minimum $600/mth Utilities $200/mth car payment $200/mth gas $400/mth....then taxes

Congrats in 13 years youll have saved up enough for a downpayment on a below average starter home

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They refuse to even budget and consider this.

And they they will act confuzzled when I say this doesn't affect me specifically but it's still a concern to me.

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Lot's of words filled with anecdotes packed in plenty of vagueness. It's pretty difficult to address posts like this without loads of assumptions.

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Again I explained things in much great detail in previous posts I'm not just going to C/P, but point is we're literally at the worst home affordability ever right now and last few years. It's all in the numbers and obvious to anyone willing to look at it. We have moved from single to dual income households as time as has gone on more and more, yet people have some of the worst buying power in housing than ever before which is crazy to think about where we came from to where we are right now. In my generation, I'd say I remember less than half or so our moms worked, some that did were off and on a bit. Every single friends my wife and I have now who are couples BOTH of them work. Literally every single one, and not part time here or there, 100% full time.

And today people earning more than ever before with so many households being dual income have to face a housing crisis where even with well above median household income what was middle class housing is now over the last few years much much tougher to afford for people even making more or way more (inflation adjusted) than their parents did.

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Dudes can even find a woman to marry nowadays.

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Put the video game down, get a haircut and some decent clothes, take a shower, look in the mirror if you don't like what you see a woman won't either. Hit the gym. Then you can find a woman.

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Put the video game down, get a haircut and some decent clothes, take a shower, look in the mirror if you don't like what you see a woman won't either. Hit the gym. Then you can find a woman.

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Again, missing the point entirely.

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No.
The point you're attempting to make here is today's challenges are beyond insurmountable.

No generation has had it so bad. It's terrible. All the other generations, even GenZ had it much easier.

Success is simply no longer attainable, regardless of drive, perseverance, and work ethic.

... and boomers ... oh the humanity!

I feel like I'm reading a Herbert Morrison Hindenburg Transcript

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You can bitch whine and cry till the cows come home. Won't change anything. Adapt and overcome. What is your solution then?

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Market corrections, policies that bring back manufacturing, tax cuts and exemptions for working class people...the things boomers and Xers will scream bloody murder about

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What is your solution then?

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There isnt 1 solution, theres lot of things that need to happen.

First and foremost, we need to increase the supply of homes and affordable ones as much as possible. Again, more than 15 years now of not building enough homes has caught up to us. See Here where we had a GIGANTIC dip from 2006-2009 in new housing starts and it literally has never recovered. We got within spitting distance to 2005 housing starts back in 2022 and then interest rates started going up and naturally new housing starts have fallen back down again. But even if interest rates go back down to help buying power, we're still in short enough supply where the housing prices will just skyrocket once again if tomorrow interest rates were back at 3%...so most of this boils down to supply.

We were starting over 2 million new homes annually way back in 2004-2005 and for about 5 years between 2008-2013 we were between 400k-1M new housing starts annually which is far cry from where it was. We've been sitting at 1.3-1.5 million starts the last year or so which again, not exactly close to the 2+ million we had back in 2004-5...and the population of the USA is about 15% higher now than in 2005. So we're building 25-35% less housing with 15% more population over those time frames. Not great.

Secondly, and kind of like the way overcooked stock market, there needs to be a crash a bit for home prices to come back in line a bit. We've seen over the last 6+ months or so prices coming back down SOME, but they probably need to come back 10-20% more even if we're talking about where they probably should be.

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My scenario doesn't involve "taking"

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After your proposed "crash", those who sell their homes will get the same selling price? If not, your proposal involves them losing money. Not that different than taking.

Won't affect people like me who intend to live in their current home until they die. Who is the arbiter of somethings "real value"

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Still wrong.

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Excuse me?