Real-estate CEO Sean Dobson says pandemic-era economic policies helped push homeownership out of reach for an entire generation, with affordability now worse than during the 2006 bubble. He argues that only major shifts in home prices, interest rates, or incomes — none likely to happen quickly — can restore balance. Dobson warns that stricter lending rules also lock out millions of potential buyers, shifting more families toward long-term renting as institutional investors fill the gap.