There is no denying it is becoming more and more difficult for people to get into the property market, that is not going to change.
But it is possible if people are prepared to make some compromises, either buying further out or buying some thing smaller.
I very much doubt we will ever get to the point were supply of housing will be enough to satisfy demand, simply because if it even it got close building new homes would slow down and with an ever increasing population the demand continues to grow.
But the pressure is that people want to live closer to the city and with a finite amount of land available closer to the cities the only way to satisfy that demand is for higher density. This is were property values start to rise steeply as developers buy up properties to demolish homes and build apartments, not cheap to build apartments so they are not all that cheap.
Where I am use to be considered an outer suburb but the suburbs have expanded so much it is now considered inner-city, the outer suburb now in due course will be near city in due course as suburbs expand further out.
