Post
Topic
Board Economics
Re: Housing is no longer a goal for the next generation
by
philipma1957
on 15/08/2025, 04:39:24 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? Huh

I got married in 1986 In the middle of a huge housing boom.

My wife and I lived in a small apartment for 6 years and could not save enough to buy.

But my grandmother passed away and left me some money .  With our savings and the inheritance we got a  house in 1992.