The biggest hurdle is the fact that house more likely is a liability not an asset. Second, is the liability mismatching, we will take a mortgage last 30 years against a job can fire you this Friday, and a job market full of fake job listings, most jobs are hiring applicants that are not able to differentiate their strength by a lot, thus, there is a limit how much more you can get paid, and makes it hard for you to get your foot into the door in absence of a labor shortage. Also, cycles and trends matters. US population is aging, BOJ wants to get its money back. At this particular point to buy a house feels more like a future regret than a jackpot. In 2024, I saw so many people crying on Tiktok how their mortgage payment had doubled since 2020. It turns out their insurance and property tax has skyrocketed.