I was unable to afford a home because of fear of bouncing checks. I lived in an apartment with 3 other roommates.
And we all knew people who had died of AIDS, and I wasn't even in an at-risk community. Gay men I knew felt that they had gone through an apocalypse, like they were the survivors of a secret war that no one talked about.
Home ownership when I was growing up was around 50%. Not owning a home was extremely normal, not a sign of deprivation.
Not ever in your life being able to afford a home is the new normal, and to me it's a sign of deprivation. That's the reality younger generations are dealing with, not only temporarily renting, but renting for life.
Which isn't anything new. It's feudalism, and the way things usually are. But that's a far greater concern for those in that situation, than AIDS or nuke scares.