Answer: What are the long-term consequences if the next generation in America gets left behind in terms of homeownership?

For context, this is a question I answered on Quora

Politically, the next generation will be overwhelming leftoid probably socialist like in NYC. Not only will Democrats push further left, the GOP will never win another national election in a majority renter country. Renting fosters high time preference behavior which is not only conducive to leftist politics in general, but the left is the only side that even pretends to care about the class interests of renters even though most of it is misguided. This is where conservative NIMBY boomer shitbags are shooting themselves in the foot by restricting the housing supply to artificially inflate their precious property values. By restricting the housing supply and begging the FED to pump cheap money into the real estate market to lower their mortgage rates, they are creating a situation where the wages of younger generations cannot keep pace with rent hikes and house price appreciation which only creates more hostility towards capitalism in the long run.

This isn’t speculative: Renters nationwide favor democrats 64–32% while homeowners favor republicans 51–45%.

Fortune: The Broken Housing Market is Merging with America's Polarized Political Culture

College education significantly attenuates the conservative edge among homeowners.

If MAGA and the GOP were actually interested in maintaining a conservative electorate affordable housing would be one of their top priorities along with reforming public education to filter more high school students into vocational schools. Homeowners who work in a trade are the ideal conservative demographic, but of course conservatives are so simple minded and one dimensional that they think restricting immigration is the only thing they need for future election success.