[battery_glasses]

People are unhappy about housing.

If you own a house with a fixed rate mortgage then inflation will have a heavily muted effect on your personal financial situation since your (most likely) largest expense isn't effected.

However, people look around and see that they can't afford to move to a different house of similar size/quality because prices and interest rates are so high. And they definitely can't afford to move out of that starter house into something with an extra bedroom so they can start a family or take care of an aging parent.

This creates a deep sense of instability and the sensation that you are stuck where you are, and people generally don't like feeling unstable or stuck.

I truly believe 99% of the economic woe in America can be traced back to the lack of housing.