That’s a valid criticism, but most mortgages are 30 years, so anyone who bought a house in 1994 is paying their last payments on it.

People like my dad who bought houses during the 2000s didn’t get a good deal. Sure, it still eventually appreciated, but it’s not an outrageously good deal compared to getting a house just a few years later

That said, it’s getting better in places that build new housing