I think it's also worth noting that yes a lot of people want huge homes and conspicuous consumption, but that group is pushing up costs on everyone else who doe

I think it's also worth noting that yes a lot of people want huge homes and conspicuous consumption, but that group is pushing up costs on everyone else who doesn't. Housing costs are growing massively as a fraction of income so with incomes stagnant, every year people have a little less to pay towards what they need and want beyond just having a home, regardless of size.