As long as money is relatively cheap (to borrow) for those qualified to borrow unaffordable housing is going to be a problem. Cheap and easy loans increase dem

As long as money is relatively cheap (to borrow) for those qualified to borrow unaffordable housing is going to be a problem. Cheap and easy loans increase demand. Increased demand increases prices. More and more are left out of the market (as buyer), are left to become renters (covering the cost of the inflated mortgages). Rinse and repeat. In short: the problem with unaffordable housing is not simply solved by raising the minimum wage. In fact, that'll raise housing prices further by allowing the market to bear more. Note: The same can be said of student loans and the cost of housing, sans the mortgage/lease bit.