cambridge massachusetts is christopher herb earnt, the managing director of the joint center for dr herbert and his team housing. we should begin by saying while experience of the brooklyn couple in one of the hottest markets in the country, when you look across the country, what do you see, what do you see new? >> well, i think your introduction touched upon it. it's not just one story, it's several. brooklyn is a case where we see demand for housing outstripping the supply. young people are moving there, staying there longer than they did in previous demonstrating. other parts of the country, they see the issue around wages, how we see the wage growth stagnating and falling. we are getting to the point where full employment is reached, putting pressure on wages, that will help to turn the side. it's a combination of demographic trends, working through the fall out from the recession and lessons learnt from the housing bust and the fact that people are now praching this with -- more wide boom. >> has the notion of owning a home, the symbolic value of owning a home changed. before my parent