The youngsters can’t get on the housing ladder. Successive governments have been happy to see (and keep) house prices high as it keeps voters happy.
The facts don’t lie. Homeownership has been in decline in the United Kingdom, falling from an all-time high of 70.9% in 2003 to 63.9% in 2018.
Young people have had the shitty end of the stick during the pandemic too. Being laid off and forced to isolate for a disease that affected them relatively little.