Most of us started with buying a flatt, then paying some of and waiting for the next boom. Then you sold the flatt and with the profit you had enough for a deposit on the house.
It used to be called property ladder.
I think today's kids are to lazy to climb the property ladder. They expect helicopter ride straight to the top.
They will have long wait if they want to inherit their old folks place, it may well belong to the Reverse Mortgage provider by the time the oldies kick the bucket.
