Bingo.
If the housing market has slowed; it is a direct result of the social and economic choices people are making today.
It used to be that you got an education, got married, started a family and bought a home. The American Dream.
Well guess what? That dream is still attainable if you follow these directions.
But in our hook-up culture with divorce as common as dirt - we are naturally going to see the economic downsides - like lower rates of homeownership.
It’s not just the “hook up culture”. If you own a house, you’re tied to that area. Jobs except for some types in the public sector aren’t stable. People need to be able to relocate without much complication. Add to that, in a stagnant economy it’s questionable if dealing with those long-term repairs (plumbing, roofs etc) pays off financially.