I really feel like 'owning a lot more debt, and 20% of an asset with ever-decreasing inherent value and unstable market value' should be called something other than 'home owner'. Like... going into the process of owning a home and living in the middle of that process does not a 'home owner' make... and the barriers for converting that debt into actual ownership is significantly harder and longer because of the issues here and also the extremely higher priced housing market than previous generations. They ain't home owners yet, not until they actually... own a home instead of their bank owning it.
