Case in point: my parents. Built a house in 1988 and they still live there. Two people in 3500 square feet. Four bathrooms and five bedrooms. Meanwhile, you need a family income of 3x the median to rent a townhouse 1/3rd the size nearby.
This is beyond ridiculous and it’s totally unsustainable.
Hate to be the bearer of bad news here, but the boomers will never die. Gen X will become the new boomers, and then the millennials after them. Individual people die, but interests stay the same.
There’s a lot of truth here, but two countervailing points: first younger generations own homes than Boomers at equivalent ages; second Boomers are particularly blind to the effects of zoning and strongly oppose development due to see firsthand the effects of 1950s urban redevelopment. They also love cars.
Us younger generations will have seen firsthand the negative effects of zoning, we do not possess a visceral opposition to development, and there is much greater appreciation of walkable neighborhoods.
We certainly will not see zoning reform until the Boomers die.