How is housing expensive?? Assuming a 1.2m house (for easy math). You pay 200k down and take a 1m loan which is 6k/mo. After 10y you sell the house for 2.4m. Having paid 720k, ~500k of mortgage is left over. So 200k turns into 2.4m -500k -720k = 1.18m profit.

Rather than renting for 5k (600k over 10y).

How is housing expensive??