Soaring housing prices are quietly but powerfully discouraging young people from getting married, starting families or having more children. If you can’t afford a home, it’s easy to doubt whether you can offer your children a stable, secure life. That doubt becomes a practical barrier to family formation and, ultimately, to the flourishing of society itself.
According to the Institute for Family Studies (IFS), nearly 80% of adults under age 55 say their ideal home is a detached, single-family house. Among those who do not currently own a home but want more children, 90% also say they want to own a home. Housing insecurity is nudging many young adults into cohabitation instead of marriage — a statistically riskier path for long-term relational stability.