For today's young adults, the future is more-or-less hopeless.
Armchair Critic,
On the other hand I don't see any efforts from them to reverse that dreadful trend.
They're supporting that trend by not simply paying off a block of land, put a caravan on it & then build a basic home. Or, get an old house & do it up. No, they want a million Dollar home up front ! That's why the market is out of control. Stop paying for such insanely-priced properties & in no time at all the prices will drop !