Lots of people are waiting it out. Staying in their small home because house prices and interest are “too damn high”.
Always the case when demoRATS are in charge.
House prices have been ‘too damn high’ since Reagan, if not Ike.
But then I’m old and cheap; I haven’t seen a car or a house in 40 years that was worth more than 1/10th that was being asked for it.