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Edited on 18/07/2025, 20:28:17 UTC
Quote from: l3pox on July 18, 2025, 06:01:28 PM
Quote from: Macro Exchange on July 16, 2025, 02:11:33 PM
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.

We're witnessing a shift: instead of saving for a home, people are turning to alternative assets, remote lifestyles, or simply accepting long-term renting.

Is this the beginning of a structural economic change - or just another bubble waiting to pop? Huh

if you had to choose only one
would you rather have a house or a safe investment that pays your rent in full each month and you still have an extra to spend or save the way you want?

truth is houses are expensive nowadays, they're not the best investment
probably better to have the money invested and live out of the interest that put it all on a house
even though renting has its pros and cons it ends up being cheap and you can choose what to do and where to go
Buying up a house for the sake of making it as your permanent home then it would be that a liability on which we know that it would be eating up that maintenances or whatsover but on the moment that that you would be that making it to be some sort of rental or what then it would become an asset since it do bring out some income. If ever I do have the money or chance then this would be my primary approach. I would be that trying out to buy a house and then put it up on rent and then buy into the next one and same goes until you do able to hit up 3-4x that being rented then the 5th one will be neither your permanent on which those monthly payment rent from those houses you had been that put up on rent will be the one will be paying up on the mortgage of your 5th house and the rest will be put up on expenses. This is where I should be having those plans on which of course this doesnt come up cheap because even on having that a house will be already that a tough challenge and also you should be considering out the location of these properties that you would be trying out to be rented out because you cant be able to put up that into those locations that arent that placed on high populate areas because this is one of the main criteria for your business to be that profitable or else then you would be ending up on having those useless properties if ever they are that placed into those non good locations. If you do want to have that much cheaper option then i would say that renting out will be the best approach on which just like been said that if ever you have decided to go or switch into other places then you can actually do it because you wont be worrying up whether you do have a house or what. The goal on here is that you should be that trying out to own multiple assets rather than on focusing into those liabilities. Make those passive income on which you would be able to sustain. Inflation and saturation is already that happening when it comes to real estate on which these kind of problems are now that be seen on some countries on which these rentals had become that not much profitable into its owners on which basing up that majority is that eyeing on the same business on what make it saturated.
Original archived Re: Housing is no longer a goal for the next generation
Scraped on 18/07/2025, 19:58:41 UTC
Quote from: l3pox on July 18, 2025, 06:01:28 PM
Quote from: Macro Exchange on July 16, 2025, 02:11:33 PM
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.

We're witnessing a shift: instead of saving for a home, people are turning to alternative assets, remote lifestyles, or simply accepting long-term renting.

Is this the beginning of a structural economic change - or just another bubble waiting to pop? Huh

if you had to choose only one
would you rather have a house or a safe investment that pays your rent in full each month and you still have an extra to spend or save the way you want?

truth is houses are expensive nowadays, they're not the best investment
probably better to have the money invested and live out of the interest that put it all on a house
even though renting has its pros and cons it ends up being cheap and you can choose what to do and where to go
Buying up a house for the sake of making it as your permanent home then it would be that a liability on which we know that it would be eating up that maintenances or whatsover but on the moment that that you would be that making it to be some sort of rental or what then it would become an asset since it do bring out some income. If ever I do have the money or chance then this would be my primary approach. I would be that trying out to buy a house and then put it up on rent and then buy into the next one and same goes until you do able to hit up 3-4x that being rented then the 5th one will be neither your permanent on which those monthly payment rent from those houses you had been that put up on rent will be the one will be paying up on the mortgage of your 5th house and the rest will be put up on expenses. This is where I should be having those plans on which of course this doesnt come up cheap because even on having that a house will be already that a tough challenge and also you should be considering out the location of these properties that you would be trying out to be rented out because you cant be able to put up that into those locations that arent that placed on high populate areas because this is one of the main criteria for your business to be that profitable or else then you would be ending up on having those useless properties if ever they are that placed into those non good locations.