When there’s almost no hope of owning a home ever, why bother saving? If I hadn’t gotten a home right before the housing market went to shit, I’d be discouraged too. As nice as it is seeing my little condo skyrocket in value, I’d rather all homeowners lost value in their homes if it meant home-buying was easier for more people. It doesn’t help having a place that’s doubled in value if every other home on the market has also doubled in value along with it.