Buying a home is everyone's dream, and for many, it's one of their primary goals throughout their lives. Today, housing prices are extremely high worldwide, mortgage rates are unaffordable, and housing prices are constantly rising, especially if you live in a big city. Most of your income goes to rent, making it impossible to buy a home.
As housing prices rise, I understand why people are no longer interested. As prices rise, demand decreases. Naturally, because housing is a basic need, it will always be a goal for people, even if demand declines.
Yes, even though demand in big cities has decreased, that doesn't mean they don't want it or prioritize it. However, most people's purchasing power and ability currently make it somewhat difficult to afford. However, I rarely see housing that doesn't sell once it's completed. This is because the trend of paying off a house in installments is still quite strong, especially for those with a decent steady income. However, for those without a steady income, renting will still be an option. However, it's very different living in a village. Everyone there is always trying to own their own home. And they don't usually rent. So, before they own their own home, they'll stay with their parents while gathering materials to build their own home. Once the materials are gathered, the house is built and they separate from their parents.