> They're not buying them at today's prices and interest rates. Those boomers may have been buying houses in the late 70s when mortgage interest rates were ove

> They're not buying them at today's prices and interest rates. Those boomers may have been buying houses in the late 70s when mortgage interest rates were over 10%, so today's rates would be a bargain. Or for more recent numbers, in the late 90s rates were over 8 (my first mortgage was 8.5%) The point being, current rates seem high only compared to the incredibly low rates of the past decade but they are not particularly high when seen over a longer time window.