I was pointing out that it's an international problem not just the USA. Thus making it more of a generational issue.

But the point is that it's not a problem in most of the US, which makes it an issue only for people that demand to live in a few select cities.

I don't know about the US, but my experience from Europe is that many smaller cities have become, at least relatively, unaffordable as well. It seems like almost anywhere with decent density and transportation has now become part of the global credit, property and holiday rental market.