Even more distressing, in some areas, house payments exceed their monthly income. So, how can they afford a home, even with mortgage payments? Ultimately, they are forced to rent to find a place to live, sometimes having to wait in long lines for a bathroom, as not all rental properties have bathrooms.
Ultimately, the rich get richer while the poor get poorer. The rich continue to build properties to rent to the poor, while the poor struggle to pay the monthly rent, let alone build a house. It's no surprise, then, that many young people are willing to torture themselves by working multiple jobs and working part-time. They are willing to sacrifice their leisure time in order to escape their hardships and achieve the freedom they have always dreamed of.
Housing is indeed one of the top major problems of the poor in the whole world and it’s becoming more complicated over time which is really rising concern about the possibility of everyone owning a little crib to call home. Even building a small house is now literally an expensive thing to do because owning a land is the primary factor for building a house.
The rich considers owning rental properties as ways to increase their wealth is one of the reason why pooor people still can own a house, let take for instance a land listed for sale at a price of $1k in a good location are both wanted by the rich and the poor, the rich wants to build a rental apartment while the poor wants to build his house. The rich will try his possible best to acquire the land even if it cost more than the asking price and so the seller will sell it to the rich because the rich possibly added more money on the original value of the land.
The and many more factors are the primary reason why the poor finds it difficult to own a house so they rather settle for rentals.