The article is filled with nonsensical points. I tried to make a list, but didn't want to post a wall of text.

"even if these gains merely reflected the fact that old people are getting richer, rather than young people, it wouldn't make much of a difference to my general argument, as millennials will eventually get older, and thus benefit from these gains just as old people do now."

Let me rephrase that: even if I'm wrong and millennials are worse off, I'm sure they'll do better later.

Further down he answers the question about whether it's harder for millennials to buy a home with the national home ownership rate... a stat that isn't broken down by age group.

I read this entire article and I regret it.

> The average cost of housing has gone up over time, but this trend is mainly driven by the fact that modern houses are larger and built better than houses in the past.

Oh, that explains why the house that sold for $300k in 1990 sold today for $2M (only 3X adjusted for inflation). It must have gotten 3X larger and 3X better built, even though it is the exact same house with a couple extra layers of paint and a redone kitchen.

On that point the article uses what is a far too prevalent action - redefining words to align with a particular position being advocated.