boomer wealth is tied up in their house, on average. they refinance regularly. any dip in home values means big pain for someone who has taken equity loans out against their home value to live the high life.

so, home prices will not substantially decrease until the boomers finish dying. if a zoomer wants a house they are just going to have to wait around. and it might not come, as we are importing limitless invaders both "legally" and illegally while tightening zoning control and restricting building (thru environmental legislation, local city and county commissions, water rights laws etc)