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.
People of the current generation now prefer to give priority to their freedom. They do not want to be confined to one place. They do not want to see the dream of owning a house or flat now. They prefer to live in a rented house. Today, they can quickly change from one place to another after a few days. Earlier, the younger generation used to arrange their employment in one place and build a house or flat to live there permanently, but in the case of people of this generation, as the stability of work is less, they also worry less about buying a house or flat. They think that buying a house or flat with so much money is not worth it. Moreover, some do not want to take such a big risk. That is why they think that renting a house or flat is suitable for them.