Similar to recent treatment of the housing boom in the media. People couldn’t afford homes before the pandemic so it’s unlikely they can now. The current market

Similar to recent treatment of the housing boom in the media. People couldn’t afford homes before the pandemic so it’s unlikely they can now. The current market frenzy is what you expect with people moving. It’s not an increase in wealth of housing supply. It’s also heavily driven by speculation from large institutions who are capitalizing on restricted housing supply and rapid inflation. What it is not is some new era where everyone can now afford to buy a home or quit work for a year.