It will get interesting when the Boomers begin to die off and Gen Xers get older. Previous generations were taught to expect that the value of their homes would go up when they were ready to sell. Thus, they were able to climb a ladder of wealth predicated on ever-rising home values.

The problem is, this assumes that the next generation will be more prosperous than you are, and able to buy the same home for a higher price. That is no longer true, certainly not to the extent it was. Interest rates aside, I'd expect to see home values start to plateau, unless supply is kept artifically low.