William R. Brown,

Thanks for reading and for the comment. A Gen Xer friend of mine is very bitter, noticing that a lot of people in our generation and younger are often recipients of "family money," while we are not. So I'm sure that's a trend you're noticing. It's very hard for someone WITHOUT family money to buy a house right now.

I have no idea what will happen when the market crashes, but even if they're underwater on their mortgages, my guess is that most people with enough family money will be pretty okay, as per usual.