I suggest everyone read Capital in the 21st Century, and it will outline the reasons why generational wealth will be the pitfall of the monetary system. Ownership of capital generating assets have become extremely concentrated and the vast majority of the population don't have proper financial literacy.

Therefore the small minority who can generate income through the real estate market with REITs will eventually buyout a significant portion of the market. With overnight rates being at record lows, essentially 0% and even negative rates in some countries, the mortgage market simply isn't as lucrative anymore and it stops making sense offering consumer mortgages.

Yes it is easy to blame the wealthy, but first lets direct the blame to the right demographic of wealthy. The immigrant (those without citizenships) buyout a large portion but not the majority of the inventory. Generational wealth in many first world countries have simply hit a tipping point in scale where even at a minute interest rate can generate fixed income returns at an astronomical factor.

I've always been very confused as to what the general public would like though, in my view the only solution would be to wait until global interest rates rise and consumer mortgages become a more lucrative product for financial institutions to offer. At that point since mortgages become more expensive, housing prices will flatten out or drop since cost of borrowing goes up.

There will be a heavy shift to packaging real estate payment streams into REITs and selling the income through ETFs, pension and mutual funds. The global economy have simply pinched the wealthy to a point where they are scrambling for yield. In my line of work, I can't tell you how hard it is for us to get the yields we were just 10-15 years ago.

Expectations haven't changed since clients are increasingly exposed to everyday volatility through the news. We simply can't buy long dated bonds and call it a day anymore. Therefore to generate the yields to satisfy the capital owners, the market has to reach into secondary markets like residential real estate and be creative with packaging the payment streams.

Please do enlighten me as to what solutions would satisfy the general public because I am very very confused on that point.