Concern over housing costs hits record high across rich nations

Should you give a 6 month break for those who have to move but are finding selling difficult?

I say 6 months because it still makes landlording difficult and its fairly short considering the logistics involved if you wanted to shell game it.

> but low household formation likely discourages young people from moving to less popular places

I think you may have cause and effect backwards here. Needing to move to less popular and populous places to form a household likely discourages young people from forming households.

For many the only way they can afford to form a new household is by committing to moving away. That puts a huge barrier in place. The fact that “away” means “less popular / populous places” doesn’t help at all.

You’re probably looking to move into your top earning years so it’s not a great time to move to a smaller market.

If you’re getting married, you’re probably around the age to be having children. Raising kids, in my experience, gets progressively more difficult the less urban you go. You’re also moving further away from your support network—who’s going to watch the sick kid if you can’t miss work? Grandma who’s a 2-24 hour drive away?

If the only way you can afford to start a new household or a family is by cranking life onto hard mode, why would you?

If it's a good investment then it needs to make money, thus it shouldn't be affordable. That's why once you have a several houses in your portfolio you start donating money to immigration support groups, faster increasing demands caused by immigration and the slow building process increases the value of your assets under management, you can also donate to regulation and zoning laws but immigration is much more effective. Thus BlackRock is a huge supporter of immigration and it does not matter as long us it increases demand.