Housing prices keep rising, but wages haven’t kept up. For many young people, owning a home is no longer a realistic goal - it’s becoming a luxury.
What used to be a natural part of adult life has turned into a debt trap or simply a fantasy. More and more young people are realizing that buying property under current conditions makes little financial sense.
Until now I'm still considering building a house for a more peaceful life with my family, and not everyone is turning to it for investment, lifestyle, or simply accepting a long-term lease. I'm sure you've often heard influencers motivating you to refrain from building a house if you don't have a lot of money. This isn't a complete shift, because not everyone in the world is thinking about investing, and some people even prefer a more modest, peaceful life.
House rents are indeed increasing, but not because people are less interested in building homes, but because people don't have the money to build them and are choosing to rent. The economy hasn't been doing well in recent years, which is why there's a shift in people's lifestyles.