During the sixties all the way through to the nineties, there was a massive housing boom in America. Millions of houses were built and it was relatively cheap to purchase one.
Because of the strict regulations that were made during the time, the same can’t be said about today’s housing market. It’s become harder to build new houses and because Boomers are looking to sell large houses that were made decades ago, it’s nearly impossible for younger generations to afford to live on their own.