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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.
Yes, this story has become a hot topic on several social media platforms and in this forum. Rent prices are rising while the economy is in dire straits, including the low minimum wage, which is insufficient to support their needs.
Acquiring a house gets harder day by day for young people and even those who wish to stay with their parents are being told to pay rents too. The debate had been a huge one last year, why would parents add to the bills of their kids. Low opportunities and high cost of living is dealing with this generation but the next one to come I bet you won't have much problem with it. Because the internet and Bitcoin age would offer jobs and businesses to them at an early stage of life.
The digital age and the internet have opened up ample opportunities for young people to earn money from home, providing them with the opportunity to earn income despite the difficulty of finding work. However, it's a shame that only a small number of young people are able to take full advantage of this advancement.
The advent of Bitcoin and cryptocurrencies offers many opportunities for profit, but it's also regrettable that many young people are still unaware of this and are struggling to learn about it.