People are going homeless working two jobs. Shits all *** up.
Depends on the job and more importantly location. Places like CA or NY have a manufactured housing crisis where there is too many people chasing too few homes causing the supply demand curve to be beyond dumb. Other places it's on a scale, some are better then others. The older and more urban an area is the more the existing residents vote to create a housing crisis to enhance their home values.
Florida is also having this issue with real estate companies buying single family homes and selling them at a jacked up price.
WNC has the same issue, a lot of single family homes bought by out of state corporations to either sit on or (in most cases) rent as STRs. The topography of the area and proximity to national forests doesn't lend itself to building anything else, so we're largely stuck with what we have.
The situation was steadily getting worse until 2020, largely held back by the lack of industry and jobs. When there was a spike in remote work - people that wanted to live here all of a sudden had a viable means of making a higher wage and moving wherever they wanted, housing prices exploded. The combined effect of STRs, lack of supply, and (mostly) people able to work remotely has made housing here unaffordable for people who lived here 5-6 years ago and worked service jobs. The downstream effect now being that those service roles can't be filled, restaurants/stores/etc can't hire people, and folks are either having to move away or becoming homeless.
It was, of course, compounded even further by Helene, which erased a lot of houses in ways that are unlikely to be rebuilt. Supply went down in some areas, tourism traffic was dead during the busiest month of the year (fukin leafers), and people who may have had a place to live before now have nowhere to go except live somewhere else or live on the street.