Additional possible data point that the current US conservative movement isn't all that motivated by economic issues and is spending most of its time talking about social stuff like "groomers," woke culture, abortion, CRT, etc.

They are losing ground with suburban voters and gaining with non-college educated voters because of these issues. So those factors are probably working against the traditional trend of "make it in your career, move to the suburbs and then start voting with your pocket-book"

(In addition to the whole you're-never-going-to-own-a-house thing others have already pointed out)