The problem is not about homes being overpriced. The truth is that there is much much much more money in the middle class globally (almost 3x that of 2000) and

The problem is not about homes being overpriced. The truth is that there is much much much more money in the middle class globally (almost 3x that of 2000) and on top of that the normal inflation, and freezing of supply. As long as “desirable location” stay the same, and the amount of people affording it growing so significantly. The expectation of being able to afford one is a strange one. See https://www.nasdaq.com/articles/world-reimagined%3A-the-rise-of-the-global-middle-class-2021-07-09 https://www.nasdaq.com/articles/world-reimagined%3A-the-rise...