slightly more difficult to buy a home than in the past depending on local property taxes and insurance. But now? It is unquestionably far more difficult. I should probably run the numbers again.

Basically, if you bought before 2020 you should just stop talking and thank your lucky stars. Congrats on winning the boomer lottery, where everyone with a pulse wins. I bought before then, lest you think I'm speaking out of jealousy.

"But I worked really hard and bought a house in 1984 when rates were 13%!"

Cool, cool. What was the price of that house again? And then what happened to interest rates for the next 4 decades? So you were able to refinance how many times? And see your equity increase by a ridiculous multiple not only as a function of rising demographics but simply because of monetary policy? The same monetary policy that has basically gutted the middle class, destroyed US manufacturing, and contributed to the divisiveness in politics today. Again, congrats. Lots of people sitting on some nice equity in RE and stocks and feeling smart because they were born in the right decade.

Now the trends have reversed. Falling demographics, rising rates, record debt, more multi-family units making Utah Valley look more and more like Europe every day but without the infrastructure or quality food. We still have it GREAT in the US, but we shouldn't be lecturing the younger generation who are walking into a market like this.