Quote from: DanWalker on Today at 05:38:44 AM

It sounds a bit harsh but I agree with you, this is serious ignorance. Real estate prices have increased significantly in recent years mainly due to currency devaluation, supply-demand imbalance, high demand while real estate supply is limited. At the same time, inflation is making life more and more difficult for people, with many struggling to even afford basic daily meals. Therefore, owning a house has become a luxury, even if they save their whole life they can never own it.

This is why owning a home/property is becoming a luxury and expensive these days.

Thank you! It's pure ignorance, as shown by the graph you posted, housing prices have tremendously increased, while the average wage has merely increased, thus, it's almost impossible to purchase a house nowadays, unless you inherit one from your parents etc.

Quote from: Solosanz on Today at 06:05:35 AM

Look, even it's more difficult, it doesn't mean impossible.

The new generation make it like impossible because they can't save much money, the old generation can maintain their lifestyle like the first time they work in low income jobs but the new generation aren't.

The old generation was easier to earn money from jobs, but they're difficult to invest their money.
The new generation is harder to earn money from jobs, but they're easier to invest their money.

Just searching on google and we can invest in any assets we want, if they invest all in Bitcoin, the new generation can outperform the old generation.

It is not impossible, but I'm not buying the excuse the previous user said, that it's because our generation is buying expensive coffees and is being irresponsible. Some of us may be, that's true, but you can't put us all in one basket and claim that this is the reason we're not aiming at buying a house anymore.

Old generations could easily buy a house just by working a job, nowadays you need to be making serious cash in order to afford one.