Fair valid points. But to me I think a lot of the story is "hidden" in the actual value those dollar amounts hold, specifically in America. There's a common theme atm about people not being able to afford homes as an example.
There is a real problem with the cost of housing, but home ownership rates are about 66%, it's hardest on the minority that aren't in that group.
For a dystopian look at the housing market, just look at Canada or Australia. Inflation impacted just about every country. At least in America we have lots of land and diverse housing markets we can choose from.