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?
Exactly what happen in my country Indonesia housing price keep rising drastically but wages or salary havent kept up although you have several side job, lower payment salary and land property keep increasing year by years make us difficult how to manage well to build dreaming house right now. Young people have dreaming can build up house before marriage but its not easily if can get good work pay us higher salary payment, drastically significant increasing of housing prices if build up at city. 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?
Good solution right now how to manage housing price keep rising just get rent month by month until have enough money to build house, I think it is not easy to dream of owning a house nowadays with the price being quite expensive plus the income from a salary that is not that big. Keep build up or allocated for saving money to build house start few percent spent from salary in daily or monthly until enough using for building great house.