This was my thought reading the article. They had every opportunity to fail upwards. The numbers will be staggering in the future if the boomer generation is having issues now and didn’t secure a home in the $23,000 home era.

https://fred.stlouisfed.org/series/MSPUS

https://www.longtermtrends.net/home-price-median-annual-inco...

They could have secured a house at a ratio of 4 times their median annual income and now that number is 7 times.