In the current environment, cost inflation is not a problem anymore. The reason why the FEDs might not lower the interest rate, is because of salary inflation.
So right now you are at advantage working. Houses are flatlining in value due to increased interest rates and you can negotiate better pays with your employer.
Also, please avoid straw men like first time buyers etc. These are not really fitting for the debate and only add load the debate emotionally.
But to take you on your argument: The situation for young working class couples has generally not changed for decades.
(I am Danish, so statistics I know and use are mostly centered around macro dynamics of Denmark, though this is irrelevant for the broader discussion, as the ECB also seeks 2% inflation target)