I should also add, the fact that the housing market continues to stall will show up in other factors of the economy. Home Depot is reporting lower earnings due to lack of new homeowners and existing ones using their money to pay down debt, not renovating their house.
The student debt crisis will also become more of a national issue. Biden just covered it up with moratoriums instead of addressing the root issue, but the real concern is zoomers can't get good jobs to pay down the debt in the first place. The issue extends far beyond just theatre kids and psych majors. You can't tell a whole cohort of people with 6-figure debt that their degrees are useless and learn to trade. If they had been prepared, it would have been fine, but its a huge betrayal now.
You can't extract taxes or government loans from NEETS who doomscroll all day and do doordash, so eventually that student loan debt is going to get added to the national deficit. Corporations need to pay their fair share not with taxes, but hiring Americans and making offshoring prohibitively expensive.