When you actually stop, step back and look at it the whole property thing is bonkers, we have just got used to it. There was a thing in the Guardian about how much London property is owned by foreign buyers as a bolt hole if they need it and how more folk are leaving as they cant afford to live in London. Which just pushes up prices where ever they go.
I know a few young couples who have only been able to get their feet on the ladder as parents have helped them, otherwise they would never have been able to buy, and thats in West Yorks, hardly Manhattan or Chelsea.
I guess every generation feels this,but I wouldnt want to be young now.