I'm not in the US, but can only think of one person in my rough age and social circle that is renting (and that was because he split with a partner and she boug

I'm not in the US, but can only think of one person in my rough age and social circle that is renting (and that was because he split with a partner and she bought his share of their house). Fairly middle class cohort, mix of public and private schooling. Average house price here is about $1m, though most would have bought earlier and cheaper. Anyone younger and buying now would be up against it. I think housing affordability is one of the biggest issues we have.