Wealthion · Thursday, July 30, 2026
The ongoing housing affordability crisis is cited as a reason for delayed household formation, which has significant economic and political implications. Ivy Zelman notes that this situation creates frustration among young people unable to access homeownership without substantial family support.
“And this is and this plugs into what we were talking about the affordability crisis. Um, and by the way, that that delay in household formation has so many implications, both economically, politically, you know, as we head to the midterms, but really more importantly, maybe the next presidential election. There's a lot of frustration for young people who don't have that access to help with the down payment.”
“So, um, what is the pinpoint for mortgages? Where does it what what is manageable and keeps the market humming and then where do you really see a decline in activity? Um, is there an area where you can pinpoint that psychologically hits the market harder?”