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Scraped on 22/07/2025, 19:59:16 UTC
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?
The problem is, salary didn’t increased and the central business didn’t expand. People want to buy house but the near lot from the central city is already bought by major real estate companies, developers are putting too much price on house and lots nowadays. If they want a house that is not expensive, it’s only available very far from the city or maybe in province, that’s the only way but if you work 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?
Original archived Re: Housing is no longer a goal for the next generation
Scraped on 22/07/2025, 19:54:28 UTC
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?
The problem is, salary didn’t increased and the central business didn’t expand. People want to buy house but the near lot from the central city is already bought by major real estate companies, developers are putting too much price on house and lots nowadays. If they want a house that is not expensive, it’s only available very far from the city or maybe in province, that’s the only way but if you work is at the city then it’s gonna be a huge problem because there are countries that has poor transportation system so it’s gonna be not very efficient. So some are not priotizing to buy a house, instead they’re renting apartments or condo just to have a balanced work life, no hassle transportation and near at work. That’s also the reason why people seek for a good job and they’re not very contented to some cheap salaries because these rich people and corrupt politicians that don’t prioritize the people are making the imbalances.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?