If people buy a home within their means, instead of buying a home that’s way over what they can afford, it is possible for people to buy a home.
I see young couples in my neighborhood buying homes for between $700k and close to $2mil. Some may inherit ir have great jobs, but not all of them are able to afford what they have bought and still have money to pay all the other bills, plus a few bucks left over for entertainment.
About 10 months ago, a couple in their early 30’s bought a new home that sold for $1.6mil. I don’t know their financial situation, but the house went up for sale almost a month ago. They have two children about 10 and 8 and 2 fairly new cars in their 3-car garage.