It will take at least a decade to fill the backlog of housing shortages from the past decade. On top of that, it is now more expensive to build because rising i

It will take at least a decade to fill the backlog of housing shortages from the past decade. On top of that, it is now more expensive to build because rising interests make loans more expensive and some materials are still expensive after the shocks to the supply chain. I don’t see any scenario where a home becomes trivial to afford before 2032. People should just start getting used to the fact that it’s going to be an expensive purchase.