Housing prices is determined by a lot of factors. The most recent being the pandemic and institutional investors. But we are still reeling from the 2008/9 hou

Housing prices is determined by a lot of factors. The most recent being the pandemic and institutional investors. But we are still reeling from the 2008/9 housing crash. Everyone that went bankrupt couldnt buy a house for 7 years after their insolvency. That caused rents to rise, but also slow home sales. Once those people could buy houses again did, but even those people took time save properly so the buying period was (2008 + 7 years) give or take 7 additional years. Which is where we are at now. Everyone that cannot buy a house right now has the ability to change their lifestyle drastically and save. Move and save. etc.... There is plenty of housing (and jobs) if people were willing to change their lives for what they want instead of forcing the land to bend to their will.