My theory: there is an entire generation approaching the age when their parents "purchased" a home that has lived with near-zero interest rates for most of thei

My theory: there is an entire generation approaching the age when their parents "purchased" a home that has lived with near-zero interest rates for most of their lives. This enabled people to finance lifestyles well beyond their ability to outright purchase them, shaping expectations. Not anymore, especially combined with the increases in prices.