I disagree. The current housing system as you describe will not survive high inflation and interest rates and will hit the wall very soon, if they have not not already. Nothing will get built for awhile. A new system that will advantage the younger generational cohorts as opposed to boomers will emerge. The Fourth Turning is a good book to read to understand this process but there are other commentators I respect see this happening too.
I disagree. The current housing system as you describe will not survive high inflation and interest rates and will hit the wall very soon, if they have not not already. Nothing will get built for awhile. A new system that will advantage the younger generational cohorts as opposed to boomers will emerge. The Fourth Turning is a good book to read to understand this process but there are other commentators I respect see this happening too.