[buscoquadnary]

The problem in the US is pretty obvious. We are the time period where the largest generation of Americans (the boomers) are at the retirement, or about to retire point, at the same time the Zoomers, which are a decent sized generation, are entering the housing market.

Over the next several decades as the boomers die off or move to retirement homes the housing supply will increase substantially, and the value of properties in most of the US will plummet.

[pessimizer]

I see the same cause, but to me Boomers aren't limiting supply as much as many are relying on passive income to maintain luxury lifestyles. When they downsize, they're going to move to retirement homes that have $4-6K/mo rents at the midrange.

As they die, and pass on their property, their kids will just retire young and rents will still rise, along with the prices of luxury goods.

I'll believe that house prices are high because of constrained supply when I see the prices of luxury goods drop.

[kyleee]

Are you of the opinion that housing supply in desirable areas of the US is not constrained?