Really. 
I got to BYU-H right out of high school in 1979. The US was still in the throws of the Jimmy carter stagflation disaster. Imagine, double digit inflation, unemployment, and double digit interest rates. Oil shortages, gasoline rationing (odd/even days). It's was the worst economic situation of my lifetime. Nothing since gas come close. 
I join the USAF. 

IN 1984 I got married. Then we bought a house: on my meager E4 salary & Mrs. Lifi's pizza parlor job, we used a VA zero down lien @ 16% APR to buy a 1,000sqft two bed house. It took every penny to pay the mortgage and utilities. We ate ramen and rice. Sometimes we got some family help. It was very small very modest house - but we did what we had to in order to get a house rather than throw our prescious few dollars away on appartment rent. 
I didn't own a three bedroom house until 2008. Yup, when the real estate market crashed. I took advantage of that and bought a really nice brand new house. Four bedrooms, three full baths, beautiful kitchen, everything you dream of having. 
Today really set me off and the threads about housing/real estate homes made me a little angry and a lot sad. 
Almost All of us who own a home mortgage free or close to it, and maybe have invested in a rental or two, have worked our Yewts off to get this point. We didnt & couldn't buy a nice 2,000+ sqft house in our newlywed twenties. We didn't raise our kids in the big house with 3 bathrooms and their own bedrooms. My kids doubled and tripled up in one bedroom. My oldest until she graduated high school and went off to BYU-H. 
All this crying about home values going up and young families can't afford a nice house irritates me. There ARE ways to get into a MODEST house you can afford. Time will deliver you opportunity to trade up. And down the road you'll find the bulk of your wealth is in your home....over time....way down the road. You'll invest your excess in another property because your mortality and retirement is hitting you in the face like the headlight of a train in a dark tunnel. 
All this calling for government intervention limit who can invest in real estate, or calls to heavily tax investors, or any other government intervention angers me. Because you don't understand what your calling for and at the end of the day those measures won't help you get what want now, and they'll punish everyone who owns property and has worked like dogs for decades to EARN what they have. What I have that can be called wealth is the value of my PROPERTY. Destroy that I become another boomer close to retirement with nothing but a meager pension and social security. 
You young guys, please, get some perspective. Life is long, it's NEVER BEEN FAIR and never will be. Work hard. It's ok to have little right now. Find a house you CAN afford and find a loan program that'll help you get it. They are out there. If you can't afford the nice house in the nice neighborhood, tough. One day you will. But please stop calling for the destruction of my life's work. I don't deserve it, and you're better than that.