Many people in their late 20s/early 30s are thinking about starting a family, and have the secure jobs to give them the financial stability they need for this. Raising small children in an apartment can be pretty stressful, and given the choice, I think young families would overwhelmingly prefer a house over an apartment (all other considerations being equal barring price). Plus, houses generally have 3-4 bedrooms, apartments 1-2.
But: apartments also aren't available! They're just as appealing to the downsizing boomer.
> just build a house for themselves
Where will they work? The places which have cheap land and labor generally are more removed from the economic hotspots. Or do you propose that they should take their job with them?
But: apartments also aren't available! They're just as appealing to the downsizing boomer.
> just build a house for themselves
Where will they work? The places which have cheap land and labor generally are more removed from the economic hotspots. Or do you propose that they should take their job with them?