but there have been very long stretches of time in the past where it went down and it may easily happen again
But that is contrary to the Millenial narrative that every previous generation had it easy! And that they are uniquely in the entire history of the world hard-done-by.
No. They're upset because the cost of housing isn't high simply due to gentrification, but due to an artificially created shortage, which can be easily remedied if not for the stubbornness of the people who got there first.
But that is contrary to the Millenial narrative that every previous generation had it easy! And that they are uniquely in the entire history of the world hard-done-by.