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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? ???

People that I know still wish to become successful in life and build home. At least if it is not a big one, but they do not want to continue paying for rent, and which is very good.

House is still a goal but maybe where you are living is different from where I am living. People still want home of themselves in my country. Even people that are not rich still find all means to build their own house if possible they can do it.

House rent is also increasing in my country. And most people I know wish to own a house to avoid high rent. Since inflation is high in my country real estate could serve as a hedge. Owning your own house is not all about money, it's also about freedom and comfort. Some house owners could be difficult to deal with, so owning your own home gives you peace of mind and privacy. Lastly, houses are a highly regarded inheritance in my country, no wonder most parents want to own one or more

While we're on this forum it wouldn't hurt to remember that new generations would do well to pass on buying houses if they buy bitcoin instead. First because the price of houses in bitcoin terms has dropped exponentially and all indications are that this will continue to be the case. And secondly because the housing market has produced a bubble of people who put their money there as an investment to protect themselves from inflation, which is going to turn around as more and more people use bitcoin as a much better asset to protect themselves.

These are two facts related to the shift from analog to digital, and in the future bitcoin will absorb much of that bubble, which will make house prices fairer, because people will buy them just to live and not to speculate, while investor money and seeking reserve value will go to bitcoin.

Nothing come close to owning a basic shelter not renting, it is difficult to go homeless when you own a building, the more homeless people out there are those who paid rentals, by the time the money doesn't come as it used to and unable to pay up the rent, they will be forced to vacate the house, and it will extend to them selling properties.

In my country, if they don't build they buy and become the owner. Most people also exaggerate the kind of crib they want making them pay rent for life time while holding the thoughts, i also live in a country where the money gathered for 5 years of rent can equally build a comfortable house.

That works where housing is still affordable. But in many places, even 15 years of rent won’t buy a basic home. :'(

Bubble to pop only happen in you live in country with shitty lifestyle as an average e.g. Japan.

Even the fertility rate is low, but if the country can pay high and the average people can have decent lifestyle, people from third world countries will move there and make the property price stagnant/rise.

Nope, they choose long-term mortgages like 20 years.

What I know people who choose to turn their wealth to alternative assets are middle upper class, they actually can afford to buy house, but they see other assets are more promising and they can live for "free" because the return of their assets can cover their rent.

I believe that even though we live in different parts of the world, home is still a goal that everyone aspires to achieve. But the problem is that house and real estate prices are rising rapidly and becoming more expensive than ever, while people's lives are becoming more and more difficult. It makes them not dare to think about owning a house in the future, but if things get better, they will continue to aim for that goal.

A home has always been our goal and that desire only grows stronger as we grow up, get married and have children.


Many people say they don't like gold, real estate...and they only like bitcoin. But trust me, once they make huge profits from bitcoin, they will soon diversify into assets they previously despised. 
Gold and real estate are human assets, everyone wants to own them, and those who refuse only because they do not have much money.

Building a house is just a dead investment, it’s better to just save up your funds for future assets and investments,  and create a passive income that will provide you sustainable profits. However, although a house isn’t a priority, but I believe it’s still a must to have your own even a simple one especially if you are a family man compared to continuously renting, except if that is a rent to own unit.

Housing is no longer a priority, but definitely its still a must for every family.

I cannot say it’s no longer a goal, it is and will always be. It’s just that due to high-cost budget, achieving that goal will most likely get delayed. And there’s no problem with that, if it means renting at the moment so you can save up for your dream house, then do it. Your goal, your plan and your choice of decision.

However, I must say, if you want to grow your money and maximize the opportunity to earn more, having a home first is certainly not the best option. Invest and re-invest, that works for successful individuals today, so there’s no reason it won’t work for the next generation.

Thanks to credo: Live your life to the max, don't build for the future.
Aimlessly walking from vacation to whatever is next.

If we do speak about practicality then it would be that ideal on having that long term rent rather than on paying up on mortgage with those expensive houses or even on subdivisions, and this one same goes when you are dealing or trying out to buy up with those condominiums on which are that actually that even more expensive. Here in our country on which theres that too much supply with those condominuims on which it do ends up that these businesses are that in oversupply and ending up on a negative investment into its investors or owners on which people do much rather prefer on building their own houses or they would be that make up some long term rent because this is much more cheaper rather than on going with these condo on which its that not ideal or practical at all. These business owners do think that people wont be able to make out some calculations and this one ends up on having that saturation and that do bring out that huge impact into their business. In regarding about those wages not that increasing then this what makes it shit on having this life that it do becomes even more tougher as years passing by. This is why it would be that recommended that you should be that trying out to look for another ways for you to have that income, because if you wont be taking up any actions then sooner or later you would be finding yourself having some hardship when it comes to financial.

Urbanization is the reason for housing crisis. As more people want to move to tier 1 cities for more facilities and opportunities. But the housing crisis is not as severe at it used to be in smaller times. At times, people bought real estate as investment even in smaller towns but now the prices of towns are going down as there are not enough people. The people that are left too wants to move to tier 1 cities. If you have a remote job or want to do something that you could do without being in a tier 1 cities, you could just move to those town and live a better and with some labor, sustainable life.
With the ongoing demographic crisis in most countries, except for those which are letting in uncontrolled immigrants, the housing prices would start to fall even in tier 1 cities as there would be less people overall.

Must be the plans of the government too since they want the economy to run wild in the future where everyone will just be renting. Remember they want you to own nothing and be happy.

The only that might just have homes are the ones who inherited their parents house. So the next generation will all just be renting, probably base on how much they earn. Sad for the coming generation but thats how it might just be.

I guess Op is probably living in a country where there is high cost of living because of inflation but allow me to advise you. See, you don't have to lose hope. It is only the dead that doesn't have hope, if you are living then you have to be hopeful, survival is not easy anywhere even in countries that have better economy.

However, there are people that are still building their homes even in the country you are from. You have to work smart and understand how people are surviving there and to also meet up like them.

Again, I have realised that another solution to own your home is to relocate to a little bit remote area if you are living in a city. You can change location where life is cheaper and easier. There you can buy cheap land and start developing it, gradually you see yourself being a house owner. For example in the past like 10 years ago, I saw some remote areas where houses where built in low key but gradually those areas have metamorphosed to urban area. So you can also move to a remote area where you can start living life, cheap homogeneous setting.

Don't lose hope, even in difficult economy people are still buying big houses, cars and living large.

Housing is pretty much important both now and future because just like you said renting is becoming too high for people to afford and sometimes if we consider the amount someone is spending in ten years it could almost finished a new house if we measure the amount that's required, so actually people wouldn't want to be spending that much every year or month so getting there own home were they will not have to be paying rent will be there goal, having a house is not a liability because there are people who built there house in different section so that they can use the rest for business.

That the price of house keep rising is not a turn off for most people that have a dream to buy their own house, even if someone can not afford to get the kind of dream house they want, it is better to save an get a house that the person can at least afford to buy and know that they have owned the house for ever, even their kids can live in it after they grow and doesn't have money yet to buy their own house, It's better that way than live to be paying for rent all one's entire life. Imagine paying rent for a duration of 70 years, that's not what I want, honestly.

For some of us on this forum that are from a village where you can still get an affordable house, it better to grab one since it won't be as expensive as houses in the cities, you can pay rent in the city probably because you are working there and you can live a good life there but once you are old and have retired from your job, you can go back to your home town and live in your own house. That's what some middle class people do in my country, since they can't afford to buy a house in big cities, they try to build one in the village area and after they retire, they return home while their kids continue life in the city.

There are always alternatives to everything. Housing is only expensive when we start considering luxury and all. In today's world the cost of building material and lands might have skyrocketed but there are cheaper options. Everyone mustn't own a property in the main lands, there are rural areas yet to get full development, such places can also be considered when thinking of properties to buy or houses to build. Over there things could be much more cheaper and more economical compared to urban areas.

Houses have always seemed unaffordable and a distant dream for younger people. They have become incrementally harder to acquire through the generations but is still attainable for people on a reasonable salary, that are willing to make sacrifices in order to accrue a deposit. What I've noticed is many people claim to want a house but are incredibly materialistic and throw away hard earned money on convenience like eating out. I see plenty of people in their thirties who are getting on the housing ladder, but it may be harder in your 20's. Honestly, spend your 20's on experiences and treasure the flexibility that renting allows you to move around. The media likes to hype up everything that you've mentioned but I'm not actually sure how true any of it is for people that really have the dream to own a home.

Housing is a goal for the next generation, I don't know of  your country, In my country people take housing so seriously that everyone want to have their own. Those who can't afford to build will rent, while those who can't rent will build.

Yeah.. actually inflation has made the economy becomes so  though, hard  and difficult that housing is becoming a luxury, but each an everyone will surely build or rent a house with what they can afford. For those that can't afford, they will surely figure out how to survive.

Economic inflation is the actual cause of it. And this is happening everywhere in the universe, and we can't deny it.

Considering the cost of building a dream home, that is very expensive these days, most people see rentals as the cheapest option to save cost. People around me wants to own a home regardless of how expensive it is.

Everyone has their option in times like this and I will always choose house leasing. Paying for a home for the next 15 years, keeps me at peace for me to own my home within that period.

At the end of the day everyone craves a place that they can call home and rest peacefully regardless how expensive that thing might be. Also housing doesn't necessarily mean it would be expensive. There are certainly cheaper options, cheaper methods, cheaper alternatives to build houses. Where I'm from you don't just throw rod, cement, brick into a house. You can build one, and still live comfortably without spending a massive amount. You can also avoid luxurious features which will significantly reduce the cost while maintaining the current standard.

It is everyone goal to own a house to be called their own I mean no one will like to be paying rent for the rest of their life, the individual interest can actually differ based on choices and the available resources, there are those that have the resources to  build a house but they will choose not to maybe the available resources can not give them the standard of house they want and at that point they can decide to invest such money rather than building a house while the other person can decide to make use of the available resources and build a house they can afford at that time and it doesn't matter to them if they go broke after building, the thread can be arguable on a second thought because their are those who doesn't give much priority to owing a house, and they are ready to be paying rent and for me it is not really a good thing.

Housing are still part of governments programs but it's not that a goal anymore for the most because the land is expensive, constructing a house is expensive. And this resorts people to just renting forever because they have no obligation to repairs, to taxes and mortgages. It's wise if you're in that situation that you can afford to rent monthly and pay all the dues. But there are still plenty of people that dreams to own a house and if given the chance that they're able to afford it even a flat apartment as long as it can be called as theirs, it will be great for them to have it.

Most people who live in my part of the world don't even thinking about buying a house. It is near impossible for the average person who earns just a little above the minimum wage to even fathom of buying a house. They just can't afford it.

Most are resorted to long term renting as have already been stated. The government no longer have a low-cost housing scheme. Because of their poor planning and corruption it would be a project that would be already dead on arrival.

The cost of everything is absolutely high at the moment. A lot of Young people prefer to rent for a while probably till they stand on their feet is because owning a house in this generation is very expensive. The cost of getting a land and then building materials is worth a fortune. It's quite unfortunate that the standard of living is getting too high but majority of the youths are struggling to just survive on their own

The comfort of living in your "home" is  highly overlooked and underrated until you have the experience of paying rents on an annual or monthly basis. The recent adjustment of prioritizing the purchase of land for investments purposes should be an advancement for youths as it poses a good investment plan.

Rent of the houses depends on area to area and country to country. There are thousands of people in our country who want  to buy their own house because they don't want to give rent on monthly basis and people are trying to save money for that emergency need . People are doing investments but no Inves is looking in good profit, so they always try to make a house in which they will spend life with all freedom . No person will resist them but they should try to save more money which should be invest in good business because many properties are giving nothing. Property business is down at that time because for the last few years economic situation of all countries amis very bad and all people are in trouble to save more money.

That's the thing. Some people prefer luxury over comfort when looking for a house and since their pocket can't carry their dream home, they prefer to spend the cash by paying rent, forgetting that as the years go by so will the amount charged for rent. This is not the same thing as when you own your home cause the only bills you worry about are the light bill and some other minor things round the house which may not require immediate fixing.
 Like you said, it's unnecessary to purchase a land in the upscale parts of the city cause that would incur much expenses than when you select a spot in either the suburbs or the rural areas but you find out that these people would feel that owning a home in these areas would take too long to see development.

The real estate bubble has popped in a certain area in my country. But I don't see it happening in the other sides where there's still a demand for properties. I think that the change is due to the economic situation of a country and also with the minimum wages that can't keep up anymore if you work for 1 job. To have a house is a life time goal that before we die, we at least have achieved it. It's no longer important to the people that has simple living and understands that they cannot afford the monthly payment. Also, the houses nowadays are truly expensive. Before, a factory worker can live in his own house and able to pay mortgage and still live comfortably. Now? you cannot do that anymore. Wage is just for rent, food and utilities.

It's still a goal but most of us know it very well our salary won't ever catch up to the housing price capital gain so we do something like trading and investing. Long term renting isn't a solution either with the ever increasing renting cost. You think those landlords aren't pushing for an even higher renting fee? ;D.
The only realistic way to acquire a house is by investing in an asset that outperform both inflation and housing.

There will be more and more kids living with their parents, that is for sure. Or maybe the trend of 18 year olds moving out will no longer exist and instead the age for moving out will be later. This is not a problem to me because in my country, it is not tradition for kids to move out.
Houses are expensive and a lot of people don't find benefits of owning one anymore when there are condominiums or apartments available that they easily abandon if they want to.

Where I live housing IS goal of people, they'd take a loan to build one as they feel, better pay loan installments as if they'd be paying a rent, and this is for something that they would actually be owning.


Here neither, and I must say, this sheltered upbringing rather thwarts the child's growth; childrens must be left on their own after a certain age, this is the only way they can grow.

As for me, where I live, people see owning a house as a goal, and I am also planning to own a home very soon because it very important for.me to owns one. The rate at which house rents are increasing makes me think it would be better to have my own house, so I won't have to worry about paying rent every year. But as a young person who hasn't started building a family yet, I wouldn't advise others to rush into buying a house with the money they might be earning now. It would be better for them to invest that money in assets that can generate more profits in the future.

For example, look at people who have held Bitcoin for over 13 years. If we compare the profits of those who bought houses 13 years ago to those who invested in Bitcoin, it's clear that owning an asset like Bitcoin has been more beneficial. Even with the profits those Bitcoin investors have gathered, they could use that money to build the same house someone else built 13 years ago.

But we still have to achieve that, renting only temporarily while we can afford our own home.
The current high price doesn't mean a home isn't a dream anymore. In fact, I believe that in the future, home ownership will become even more expensive, so it's better to fight or work hard now before prices rise even further.

People around me probably about 90% have their own housing. Some achieved this on their own to buy it, some got it from their parents, and some are paying off a mortgage. Everyone has a different story, but almost everyone has their own place, and only a small percentage of people continue to rent. By the way, renting a home is not the cheapest option nowadays either.

And it often happens that the amount of money you pay monthly for rent would be enough to cover mortgage payments, sometimes even more. So if people have settled in a certain place and are not planning to move, I think they will eventually decide to buy their own home. In any case, they can sell it later and get their money back, but if you are renting, you are just giving that money to the property owner and that is it.

This will always be a good plan, no one wants to continue to pay rent forever, and owning your house is even one of the greatest achievements in life.

But at the same time, we should consider different countries, it is easier in one country than in the others. Many countries require the government's full involvement, and even the cost of buying the land is huge, let alone building on it. The real estate business has been overrated, which has caused a huge inflation in that sector.

If the mortgage payment is higher or same compared to renting, pretty sure it's a shitty place too live.

First it must be cheap, so you will meet shitty neighbors because such places are mostly for poor people. Second, it's far from downtown and facilities, so it's make you need to spend more money in transportation and time. Third, crime rate might be higher due to far from people.

It should be a goal for people to buy a home, where are you going to live when you’re retired & maybe your pension doesn’t pay the rent any more. It’s tough to get on the property ladder but is achievable. Obviously if you have a big 401k & can afford to rent forever then good for you. I would rather not be 80 renting from somebody else though, what if they want to sell & you have to arrange a move at that age.

Since there is inflation everywhere, we should then also expect that this same affect the Rentage we made on houses, while the better decision we can made in other to avoid making money into others pocket is by building one, if we build a house, we are free from rentage and then the price of rentage will not affect us irrespective of how the economy is running, if possible, we can even build for an asset and also the one to live in.

Indeed becoming a property owner became much complicated today than 30-50 years ago. However, youth generation also became different and I dont think that many dream of having their own flat or house. It past people were ready to work on same work and live in same town, house or flat forever. Now youth generation prefer traveling, changing jobs frequently, be free and independent. Now they have to many option to change, to many things to try or to have, and having a real estate will bind them to one place.

Sometimes what seems too much expensive will not be when someone has started it, some think that rental might be a good means of avoiding to own a house because of how expensive it might seem for them but to me is not a means of saving and on the contrary is a means of loosing money because if those money the person is paying should be use into there own house it would have been a good utilisation of the money, I'm not saying rental is not good but I'm saying that while on the rental the person should think about how they could repurpose those yearly rent in bringing a permanent roof over there head.

It probably depends on the country. In my country, owning a home is probably easier, since my government has a mortgage program for the lower-middle class. With an income of $250 USD per month, you can own a house measuring 21 or 36 square meters. The down payment is also relatively affordable, and the mortgage can be extended, for example, over 15 or 20 years. After that period, you can own the house completely. Although for some people, a house like this is not spacious enough and there is interest on the mortgage, we are talking about affordable housing. If you want a larger home, that's probably a different matter.

So, it really depends on the government, whether they truly care about the lower-middle class or not.

No way mate. I know house is one of those things that many individuals are dreaming of. It is no surprise as it gives you comfort. A house is still a house even if it's only small, so I don't think one won't afford it if they really try to. There is also loans that we can avail to build a house immediately. Renting seems more easier and cheaper at first thought but if we think deeper, it is actually costly. People needs to change that kind of thinking to make their life much better.

Maybe for your country and others country, unfortunately, but for some, they might still have a chance. But even without the government's help, we still can do it on our own.

This is why many kids wait until their parents die, to get a house. I mean most of the houses are owned by the elderly because it was cheaper back then, and then they die, and what will happen to that house? You think that just goes back to previous owner? Lol. Of course it goes to the kids, and those "kids" are 40+ years old by then most of the time, and that means you are going to see things change a lot more.

I bet you that we are going to end up with a great result one way or another, and we are going to start making a lot more money as well. We should be focusing on how to get better results, and that means we are going to just focus on living right now without a house, just live for another goal, and then when they die, you get a house.

If you're asking about the purpose of owning a home as an investment, it may have shifted, especially with today's technological advances, when there are many other alternatives for building long-term assets. In my country, many people still want to own their own home because renting continuously would be more detrimental, as rental prices increase every year. Therefore, owning your own home is a necessity for a more comfortable life, but not for investment purposes.

Many people currently consider investing in Bitcoin a good option because it can withstand inflation, unlike property investments. Furthermore, investing in BTC is easier and certainly offers the opportunity to achieve financial freedom in the future.

Even now, everyone wants to live in their own house, but it's becoming increasingly out of reach due to the imbalance between demand and supply, while wages remain stagnant. For comparison, in the 1970s, if someone wanted to own a house, it would require 5 years of their savings from salary, but in 2025, it will take at least 20 years of salary, and the numbers can be significantly higher if we calculate them for major locations.

However, I don't think they stopped buying house? They moved to a loan and got stuck with mortgages for 20-30 years, and gave their entire life to own a house.

I am not so sure of whether or not owning a house is going to stay a smart investment decision in the future. Sure, it has been such in the past and the market has shown rising housing costs, but things could change.

And there are various costs in my country for owning a house; different taxes, repair costs...etc. And buying a house usually includes taking a credit that you have to pay off for the next few decades (at least).

So in 20-30 years time if you decide to sell the house, you might get more money out of it, the same amount or even less. I think investing in things like Bitcoin will have a greater growth so that is where I am putting my money.

Now it's time for having wholesale changes and it's working because sometime back having own house and car was social Simbel for many around the world but now it's completely changes peoples love to live on rent and want to keep their money in use which is more profitable.

In many cases technology related peoples also not want to live on one place as it can't be good for them so they always want to keep moving which is more adorable for them so they never think about having own home staying and moving is more profitable instead of living on one place. But in few countries still things are not as working in developed because peoples still bounded with their culture and want to live as they were living with their forefathers but near future is heading for many big changes.

Well, the government could intervene and solve the issues in a very controlled manner to prevent things like inflation, "debt", etc from increasing.
I would suggest they get as many people with diverse talents/skills in house construction and related industries for the construction of houses especially for those who contribute enough to society but can't afford to own their own homes.
The governments should print enough dollars to channel to the industres in controlled manner. The money should be sort of escrowed in the banks/treasury and gradually released to fund 1.industries that create home building materials that are in abundant supply in the country 2. Fund companies that produce (or can produce) raw materials or natural resources that are abundant in country and necessary for housing constructions and related equipments. 3. fund the house or home construction workers.
It's recommended that those who take part in this should mostly get escrowed or locked funds until certain or all parts of a job is completed, then the works are tested for high quality and the full fund or probably part of it gradually released if set standard is fully or partially met otherwise they may be given more time to complete the work and in high quality to get paid.
Funds moving from one account of a person participating in the project to the other should remain locked until work is done. Strong and healthy competition should be encouraged to get the best people to finish their jobs faster and according to required standard. And they can cooperate to solve the problems and earn rewards.

*These suggestions are designed/crafted to work mostly in USA. So be careful applying it in other countries without permission.

It's still goal and individual differences on what they placed their priorities on.. You might want to invest in digital assets and the other might want to invest in real estate or housing, they are both the same just that for the digital asset you have no maintenance or having to walk around those places, you can invest and store your seed phrase safe and secured. If you are talking about housing, you should also know that price of building materials do changes and a house you would own today at the price of 100k can never be purchase with that amount in the next 5 - 10 years coming, meaning price of materials are rising and one may decides to sell off the building or decide using it for rent where people would paying monthly/ yearly and he makes their profits, to me that is a generational wealth transfer were people would be living and paying rent.

I don't know, but for the conditions in the neighborhood where I live now, houses or residences are still widely used as a destination including maybe me who is still expecting a residence for me and my small family because until now I still don't have my own place and still live with my parents so of course in the end the house can still be used as a destination for now.

Even though what you said about property getting more expensive and not well supported by the income we have at this time but the goal of getting a house now is still very large for my area.
Why things like this still happen is because housing becomes important especially when we already have a family so in the end even though it has increased in terms of price and we still have income constraints but of course we must be aware that in the end we will try to do as much as possible to achieve the goal of a livable house for the little family we have.

It's everything about where the new generation wants to purchase a house. If it has become a luxury, maybe it's because they are looking at fancy neighboors only. However, there are opportunities somewhere else if they look for it. The problem with the new generation is that they are driven and manipulated by hypes, trends. And of course, where there is a hype and a trend, prices will be artificially pumped and expensive.

Wise individuals will avoid such conditions and look for a chance where nobody else is looking to. To take an opportunity before it becomes a hype is the key for success. A clear example of that is Bitcoin adoption on the early days of this industry. Bitcoin wasn't a trend yet, and it was pretty cheap. Those who reached here back then made outstanding progress so far.

Based on my personal opinion, the next generation is still aiming a goal to have their own house in the future, I think everyone has a goal for that. But let’s just say, these individuals have their own priorities in life, and housing is not on their top of the list.

While it will always have an important impact in these next generation lives, but for sure they have set timelines when to target owning their own house, and for that we cannot tell.

Ive thought on this question alot and I have to conclude the youth are correct.  Do not buy into the premium debt and premium prices of the last generation, think of all the factors and it does not favor a gain from start of your career till the end as much will change.

Housing prices are too speculative, the 2008 deflation in this sector did not correct enough.  What the youth in every country have to represent to gain wealth is growth .    If we consider distance working, the continual move towards technology, efficiency and change in economies especially the potential of AI to disrupt it does not favor buying a house in a city center as a value proposition.

I suggest the best idea for the young is to build, be part of growth and probably that means development of housing elsewhere out of cities and probably with modern housing tech where possible.

Until now I'm still considering building a house for a more peaceful life with my family, and not everyone is turning to it for investment, lifestyle, or simply accepting a long-term lease. I'm sure you've often heard influencers motivating you to refrain from building a house if you don't have a lot of money. This isn't a complete shift, because not everyone in the world is thinking about investing, and some people even prefer a more modest, peaceful life.

House rents are indeed increasing, but not because people are less interested in building homes, but because people don't have the money to build them and are choosing to rent. The economy hasn't been doing well in recent years, which is why there's a shift in people's lifestyles.

Housing became very very expensive for many reasons. I think the main reason however was interest rates. Sure you got a country like Canada which has an immigration issue and it led to a housing shortage however the price of housing went up in other countries which didn't have massive levels of immigrations.

When interest rates were near zero for such a long time, it became almost free to borrow money. Hence people kept buying properties, which increased in value and they used that equity to buy more properties and became landlords for many buildings. If we had higher interest rates after 2008 then we wouldnt have all these crazy prices for housing.

I don't have the intention to build a big or luxurious house. Neither do I plan to invest in building houses and collect rents from occupants. All I want is a modest house where I can live quietly with my family without the pressures of paying rent. At retirement age, it will be difficult to afford a good home if you don't own one.

The reason why some people avoid building houses I because of maintenance and taxes. But if you build a house that is easy to maintain because you focus on durability and not pleasure, you will spend less. In some countries, there is nothing like property tax, so it is better to own a house.

This is the beginning of a rollback to the past, when, for example, 100 years ago, the majority of the population could not afford their own homes. The return to the past is carried out through rising prices; that is, through financial coercion, as indeed many other goals are achieved in the economy of "financial speculation capitalism."

At the same time, real estate was turned into another speculative asset. However, as in the legend of King Midas, who turned everything into gold with a touch, financial bigwigs turn everything into speculative assets or debts. Under this curse, such an economic system will inevitably collapse. Characteristically, even if real estate falls sharply in price, it will not solve the housing problem, because if the bubble collapses, it will affect the entire economy and the purchasing power of the population will also fall.

True. Many plan to inherit a real estate, and before that, they rent or buy something cheap with a plan to sell inherited property and get something better. You have mentioned that houses were cheaper in past and I think that major reason why housing is no longer a goal. People under 25-30 can not afford what they want. Nobody wants to buy a house or flat that were built 30-50 years ago. Everyone want new or recently built property, but they are very expensive.

In my country a two bedroom apartment in a house that was built 3-5 years ago, has an underground parking and area around house is nicely maintained, cost twice as more as same square apartment in a panel house that was build 50 years ago. Not many can afford to buy that old apartment... So they prefer to rent apartment in new house and pretend that its their home.

There is no need to compare with the situation 30-50 years ago, owning real estate today is becoming much more expensive than  5-10 years ago . This shows that the world is changing too quickly.

What you say is not wrong but those young people will also have to grow up, need to get married and have children. They cannot live single all their lives or indulge in those pleasures without thinking about the future. There comes a time when they don't want those things anymore and they want to live a peaceful life .  They will continue to change their minds and the dream of owning a house will always be in their minds because it is the best way to settle down with their small family.

It's because young generations like to spend money.

They buy a cup of coffee from popular cafe instead of make their own coffee, they could save 80% from that.
They like buying or doing anything for "self reward", like eating in fancy restaurants etc.
Men who have girlfriend act like they're a husband, whenever they go out, men provide everything.

If they cut all of them and choose to invest, they can buy house. The past and now are same, it just people now want to live by following the society.

In India, you literally can't buy a house anymore unless you are making money in the illegal way. There are many reasons for this to happen like inflation rate just kept climbing while government just printed money, abundance of work force so companies doesn't need to pay more when they can hire someone else for lower rates so people are forced to work for whatever the pay they are getting.

So instead of working towards a goal that we can't possibly achieve in the near future, they moved on to other options which is not wrong but I expect the evolution of internet will reduce the real estate value especially in urban locations.

Population increase and rural-urban migration are also affecting the price of housing. The rural area in my country lacks basic amenities and employment opportunities. This has led to the movement of rural dwellers to urban areas to seek better opportunities. So I doubt if house rent will reduce if the population keeps growing.

People who want to buy houses now will have to be earning high and be financially prudent. You would have to work hard and save more to own a house due to inflation.

if you had to choose only one
would you rather have a house or a safe investment that pays your rent in full each month and you still have an extra to spend or save the way you want?

truth is houses are expensive nowadays, they're not the best investment
probably better to have the money invested and live out of the interest that put it all on a house
even though renting has its pros and cons it ends up being cheap and you can choose what to do and where to go

We can't jump to conclusions just because a new phenomenon is occurring. Some people are shifting from one idea to another for their own personal gain and future. They're taking advantage of the situation and exploring its potential - but this doesn't necessarily mean everyone is shifting to the same direction as them.

I've seen people sell their land to buy house, shop, business, or even an investment. Their goal is to find better long-term potential rather than relying on the same resources all the time - but not all landowners are willing to sell. Some people stick to their comfort zone - while others move on to other ideas, but that doesn't mean they all have to be the same.

I doubt that, people work really hard, they work 60 or even more hours a week and if they are doing business they even ready to work 15 hours a day but still they hardly make enough to survive so saving and investing is become luxury for middle class people. They need to do something that can make them money even if they are not working but the curse of middle class is they just stuck with debt so they can't afford to take risk and repay their education loans with whatever salary they are getting.

Everything has become so expensive now that even saving money has become a luxury for some people. Prices of basic necessities keep increasing while salary stays the same or will only increase a little.

If you have a family, having your own house is just a dream when you retire. Life expectancy is also going lower and for someone that is not healthy already at their young age, they would prefer to just do long-term renting then enjoy the rest of their income while they're still alive.

Indians usually do have this (mis)conception that people who have money are all corrupted, but it's not right, you could be rich with legit ways also.


Wdym?

Yes, houses are probably not the best investment so far since it’s not making any passive income either. But surely no one would want to rent forever, especially if you are already building your own family. The time will come that you will desperately need a home of your own, a shelter for your family’s safety. And that will only be possible if you finally build your own house, after all the investments’ profits that you have been benefiting from the moment you start investing on the right asset.

Buying up a house for the sake of making it as your permanent home then it would be that a liability on which we know that it would be eating up that maintenances or whatsover but on the moment that that you would be that making it to be some sort of rental or what then it would become an asset since it do bring out some income. If ever I do have the money or chance then this would be my primary approach. I would be that trying out to buy a house and then put it up on rent and then buy into the next one and same goes until you do able to hit up 3-4x that being rented then the 5th one will be neither your permanent on which those monthly payment rent from those houses you had been that put up on rent will be the one will be paying up on the mortgage of your 5th house and the rest will be put up on expenses. This is where I should be having those plans on which of course this doesnt come up cheap because even on having that a house will be already that a tough challenge and also you should be considering out the location of these properties that you would be trying out to be rented out because you cant be able to put up that into those locations that arent that placed on high populate areas because this is one of the main criteria for your business to be that profitable or else then you would be ending up on having those useless properties if ever they are that placed into those non good locations. If you do want to have that much cheaper option then i would say that renting out will be the best approach on which just like been said that if ever you have decided to go or switch into other places then you can actually do it because you wont be worrying up whether you do have a house or what. The goal on here is that you should be that trying out to own multiple assets rather than on focusing into those liabilities. Make those passive income on which you would be able to sustain. Inflation and saturation is already that happening when it comes to real estate on which these kind of problems are now that be seen on some countries on which these rentals had become that not much profitable into its owners on which basing up that majority is that eyeing on the same business on what make it saturated.

To avoid paying high rent, most people would prefer to own their own houses. Real estate could act as a hedge in my country, where inflation is high and there are no other investments opportunities in a developping country.
It's not just about money to own a house; freedom and comfort are also important. Owning your own home provides you with privacy and peace of mind because people who offer houses for rent can be difficult to deal with. So, since houses are regarded highly as an inheritance in my country, it should come as no surprise that the majority of parents wish to acquire additional residences, even as a retirement plan.

I will give you the numbers why people think that, the average salary even for a graduate will be 30-50K INR and as per the government record too the numbers are around 33K not sure the exact figures but just for the context let's keep it 50K and what's the cost of house in city range, I bet it will be atleast a crore to buy used flat of 2BHK so for someone to own that house they need to save their salary entirely for 20 years straight. I am sure there are exceptions and people make way more and buy houses as couple by taking 20/30 year loans but if you look at the picture most of those houses are purchased with ready cash and full settlement that brings the conception. :D

Employment opportunties in the city is what causing the price of real estate to shoot up in cities and with the internet the remote jobs are now possible for most of the profession so people don't really need to move to a city to work and make money means lesser demand so lesser stress on the price growth factor.

Housing is a paradox.

More homes must be constructed to reduce market prices through increased supply.

But there is no incentive to build additional homes when consumers cannot afford current market prices.

The deadlock isn't likely to be broken soon.

Instead, what will happen is residents will flock to nearby states and regions with lower average cost of living.

This is a common mistake some people make, thinking that building a house to achieve a comfortable life requires a large and luxurious house. I'm simply saying that I want to build a house to live a much more comfortable life, and that means adjusting to my financial means. Maintenance costs are necessary because we as owners must ensure everything so that our families can live more comfortably, but in my area, houses don't pay taxes because they are built on their own land.

All houses are easy to maintain if they aren't too large, and we can also achieve luxury when building a simple and small house. Luxury is not always valued because the house is big because a small house that is well-arranged and kept clean will also look more comfortable.

This is not applying to all if someone is having good job with high salary he still loves to live on rent instead of having own home because this is now expensive even not affordable for many while if someone try he had to be bounded huge funds for this which are not ideal.
Few decades back having home or luxury flat was social Simbel but now its changed peoples love to live freely and want to have money in investment or trading which give them better income, and they can live much better life developing countries are also now turning into this concept.
Few countries are having too much migration from rural to big cities which are also creating chaos while few countries where things are balanced its also problem which encouraging peoples to live on rent and keep things more manageable with money.

Are you joking? Real estate prices have skyrocketed compared to previous generations. Things have worsen a lot the past 10 years as well, while short term rentals have also affected the market. Yet, you're blaming the new generation for buying coffee instead of making it on their own as an excuse for not being able to afford a home. This is pure ignorance.

I don't know where you're from, but in the U.S. a house that costed $200,000 a decade or two ago, now may cost up to one million dollars. The same applies in many European countries as well.

It sounds a bit harsh but I agree with you, this is serious ignorance. Real estate prices have increased significantly in recent years mainly due to currency devaluation, supply-demand imbalance, high demand while real estate supply is limited. At the same time, inflation is making life more and more difficult for people, with many struggling to even afford basic daily meals. Therefore, owning a house has become a luxury, even if they save their whole life they can never own it.

This is why owning a home/property is becoming a luxury and expensive these days.
https://www.talkimg.com/images/2025/07/19/UAsW4v.png
https://www.statista.com/chart/34534/median-house-price-versus-median-income-in-the-us/

Look, even it's more difficult, it doesn't mean impossible.

The new generation make it like impossible because they can't save much money, the old generation can maintain their lifestyle like the first time they work in low income jobs but the new generation aren't.

The old generation was easier to earn money from jobs, but they're difficult to invest their money.
The new generation is harder to earn money from jobs, but they're easier to invest their money.

Just searching on google and we can invest in any assets we want, if they invest all in Bitcoin, the new generation can outperform the old generation.

This generation and the coming generation wants luxurious houses that they cannot afford, they want to live the lifestyles of the rich but many of them are not rich. Any income earners can plan and build a house, their money will determine the types of designs and location of the houses that they can afford, it is cheap to build a modest house in a rural or underdeveloped areas. But the question is how many will be willing to go to such low levels to build a house, not much in my estimation. Many low income earners find it difficult to pay rent in the big cities talk less of owning homes in them, because of their work in the cities they cannot relocate to the areas where they can afford to build houses. Living quality lifestyle in a modern home is the wish of many people but unfortunately it will continue to be a dream unless they think outside the box and find ways to make more money.

Yes, there are many people who think like that. But there are also many young people who have simpler aspirations, like building their dream home for themselves and their families to live in, and for their children and grandchildren to grow up in. And in my area, young people still have simpler aspirations, like wanting to build or buy a house before or after they get married. As for luxuries and other tertiary needs, those usually follow after primary and secondary needs have been met.

Perhaps it's because my area isn't a major city yet. Rather, it's just a small town on the outskirts of the capital, so young people here still think the same as previous generations: owning land and a home is paramount. Meanwhile, in metropolitan areas like the capital and other major cities, I've encountered many people who prefer renting to buying. They don't want the hassle of home renovations or the hassle of owning their own home. Instead, they prefer things to be relatively practical.

Materials cost is also increasing, and that's why it's not ideal, and there is no incentive for the builders and the government to build more. Rich migrants also that invest in housing and buy a lot of properties makes the demand higher. And so, the rents are also expensive and there's no way for the younger generation that are starting from the bottom line is able to afford these tremendous and expensive houses.

That's what is happening and not just in states that have lower cost of living but also in countries where their money can make them live like a king.

Exactly what happen in my country Indonesia housing price keep rising drastically but wages or salary havent kept up although you have several side job, lower payment salary and land property keep increasing year by years make us difficult how to manage well to build dreaming house right now. Young people have dreaming can build up house before marriage but its not easily if can get good work pay us higher salary payment, drastically significant increasing of housing prices if build up at city.
Good solution right now how to manage housing price keep rising just get rent month by month until have enough money to build house, I think it is not easy to dream of owning a house nowadays with the price being quite expensive plus the income from a salary that is not that big. Keep build up or allocated for saving money to build house start few percent spent from salary in daily or monthly until enough using for building great house.

Even more distressing, in some areas, house payments exceed their monthly income. So, how can they afford a home, even with mortgage payments? Ultimately, they are forced to rent to find a place to live, sometimes having to wait in long lines for a bathroom, as not all rental properties have bathrooms.

Ultimately, the rich get richer while the poor get poorer. The rich continue to build properties to rent to the poor, while the poor struggle to pay the monthly rent, let alone build a house. It's no surprise, then, that many young people are willing to torture themselves by working multiple jobs and working part-time. They are willing to sacrifice their leisure time in order to escape their hardships and achieve the freedom they have always dreamed of.

Thank you! It's pure ignorance, as shown by the graph you posted, housing prices have tremendously increased, while the average wage has merely increased, thus, it's almost impossible to purchase a house nowadays, unless you inherit one from your parents etc.It is not impossible, but I'm not buying the excuse the previous user said, that it's because our generation is buying expensive coffees and is being irresponsible. Some of us may be, that's true, but you can't put us all in one basket and claim that this is the reason we're not aiming at buying a house anymore.

Old generations could easily buy a house just by working a job, nowadays you need to be making serious cash in order to afford one.

Well said, but working hard and investing too doesn't guaranteed that they will build a house, remember that every investments come with high risks too, if I am wrong many investors would have become successful, along the way something unexpectedly happen.

If just investing will solve all these problems what happened to millions of investors that's been investing since many years ago? Today why aren't they millionaires already? It is simple, life happened to them, and that is, we can't all become a winner.

You can hate this point of mine, many people tried to be rich and till date they still failed, I  not trying to discourage you but with the little I knew it is impossible for all of us to become rich, with investments or not.

Of course, a home is the initial foundation for survival, as it's the longest resting place in life. If we don't have a home, when we can no longer work, we'll be evicted and likely end up living on the streets, a sad thing to imagine.

However, with housing becoming increasingly expensive, there's no other way to save money. It's better to rent first than to pay off a house, which we have to pay to the bank with very high interest. I find it painful to do so.

Housing is indeed one of the top major problems of the poor in the whole world and it’s becoming more complicated over time which is really rising concern about the possibility of everyone owning a little crib to call home. Even building a small house is now literally an expensive thing to do because owning a land is the primary factor for building a house.

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.

Honestly speaking the rate at which rent is increasing in my country is so alarming and sometimes i wonder how one will get pass through this, and  it's making life uncomfortable and uneasy for the poor. Cause everything keeps going to the high side sometimes i wonder if there's hope to own ones property.

I mean it is simple mathematics. There isn't really anything "opinion" based in mathematics, numbers do not have an opinion. A median household income in the USA is 70k dollars. Considering taxes and what not, that would mean about 5k dollars per month. Median house price is around 370k dollars right now in the USA, which means that it requires you to save half of your wage, for over 10 years, to be able to buy a house.

We are talking about spending only 50% of your income, saving 50% of your income, and you still get to buy one, after 10+ years. At which point house prices will be higher of course. If you save for 2 years, and have 70k, you can put down 20% of the same house, and then pay about 4k per month, which is nearly all of your income, for 10 years, to buy the same house.

So as you can see, it is not financially possible. Even if you never drink any coffee. Mathematically, it is impossible. These calculations are based on "median", not for rich folks, of course there are people who earn more, they can, we are talking about "average American" here.

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.

I guess you are talking about lifestyle in some countries, while i mean the concept adopted in middle classes whatever the country. Let me give you a clear example of my country which is a developping country that has a lot of economic problem causing poverty and jobless. Despite this, and as a small country where about 10 millions living in about 162k klm², my country is considered one of the best rates of citizens living in their own houses. A great majority owns more than one house and here i am talking about the majority which is middle to upper class. How to classify it according to your analysis?

If they're single this might be a much better option, but once they're married and have kids, moving isn't the solution anymore, as there are many other things to consider, like school and work. I feel more comfortable living in my own home than renting, and the process can be simpler since there's no rent or frequent moving. There's nothing wrong with building your own home, as even a small one can make your life more comfortable and peaceful. While some people may have their own views on this issue, for me personally it's better to live in my own home even if it's small..

This is already another stage, when children appear, moving becomes more difficult, because they have friends, kindergarten, school, environment, hobbies and for children it is all much more difficult. But there are such people for whom changing location is much easier than for other people. I think that most often their own home will be a priority for a young family, especially when they decide to have children. But I do not see any difficulty in selling the home and moving to another place and buying a home where they are moving.

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.

That is right, the future will be bright for our children, they won't have to struggle the way our parents and what we're seeing today. Bitcoin and content money will be enough for them to pay any bills, they won't  have to build house or rent, they will just buy house of their choice the future is bright with bitcoin and content creation.

Right now, rent and buying of land to build are really hard on us, it's not really easy for us out there especially when you were not born into a rich family. one has to grind hard to foot bills, then, you still have some parents that add to our pressure, but no matter what head up and keep doing all you can to buy and hold Bitcoin for your kids.

get you - same situation in many places, not just Indonesia.
Wages stay flat while housing costs explode. Even with side gigs, saving feels pointless.
Owning a home used to be normal-  now it’s a luxury.

Maybe this isn’t a bubble… maybe the system’s just broken. ???

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.


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.

Everything is now expensive hence owning a home isn't something that everybody can now do. For those that can't afford it, it isn't worth it hence we shouldn't be feeling less important of ourselves if we can't afford a home. We can always rent and live comfortably. Owing a home can be a liability to you because you get to spend money keeping the house in order and running. The next generation don't have the patience of those in the past generation hence keeping a family together is going to become a major problem for the next generation. With the high rate of divorce, owning a home as a family isn't making sense anymore because after the separation, the house can't be divided among the once spouse, only one gets to keep it.

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.

There are many people here, which their dream is to build houses for rent when they have the funds because they know the important of owning a house in their country, Well it depend the location you build the house that will make people not to rent the house for high price, if truly the place is a business area or city, people will definitely come to rent the house with any amount to make funds to enter the owner bank account,  I know is not easy to buy land and also build house on it in a business area or city because it require so much funds to achieve those things, but no matter the amount of funds you spend to invest in houses, it will definitely going to favour you and your generation to come.

Getting your on house is the biggest freedom, because you will be comfortable without stress and you will have peace of mind. You are right many people dreams is to build a rent house to be getting profits every year. is part of business and that is what make some people rich by buying housing and turn it to a rent place and be getting cool money. In our country mostly places that you will see the price of the houses are too expensive are students area and development area makes houses cost. You will notice that rich people buy many houses to invest and be getting profits back to back, getting a houses for rent is another opportunity to become rich easily. is a nice business but you need to have enough funds to build the dreams, not anything comes easily in this life but your hard work and effort will make you achieve what you are chasing. In my opinion even the next generation will still buy houses and build for investment because land is naturally and we need houses to live in the world so I think next generations will demand land then this current generation.

At the end of the day, isnt it the goal of everyone? (having a place we can call our own)..

Do all the hard work, struggle throughout your 20s and 30s, keep pushing yourself until you reach your 40s, until you have accumulated enough to feel secure. Then when you have finally gathered what you need, just return to a simple life, build yourself maybe  a small but comfortable home, and live peacefully away!!!

Because in the end, this is what most of us craves. A life where we no longer have to worry about rent, debts, or sudden financial crisis. This is what i plan to achieve.

One thing the "young" needs to realize is how to utilize it as a business, and not as a personal thing. At this point, there is no "I bought a house for myself" easily, we calculated it, it is not possible. However, it is still possible to get 20% of it by saving it, and then, get loan, and then rent it out to someone else, or airbnb it or whatever. Of course there are laws, like in the USA, there are some squatters videos that I see, so be careful about it obviously.

However, if you can do a fine job, then you can turn this into a business. The rent business is booming, because young people can't afford to buy a house, so if you take the first step, and start having some income, then you can have 10+ places you rent out in 10+ years, and you can even hire someone to take care of it for you after a while.

This is more reason everyone should seek other sources of income and not being dependent on a wage that is not appreciating in response to the inflation. You have many options to get along with the increase in prices of things, develop yourself more and get more dividends for your value, seek other means of income and you can start some smart investment activities which would give you more income in the near future.

Having your home is still very much a realistic goal if you plan very well for it.


Paying rent for a long time is what makes little financial sense, it still makes very much sense to save and build or buy my own house, in fact, it is top on my priority list and I cannot engage into the long-term financial mistake of remaining a tenant, Instead I feel more financially smart to build my own house and enjoy my dividends from renting parts or some of it to tenants. It serves as another investment to me and you know well that landed properties keeps appreciating.


Having your home is one great asset if you ask me, I have lots of friends who are building theirs and I'm surely starting mine soon,  long-term renting is a financial mistake if you have the means to save up and own your own home.

yes, maybe you are right, I don't have children yet so for now I don't mind that much owning real state but at some point things may be different
I don't discard the idea of renting longterm even with the means to buy simply because the investment will be better
it's not so hard to find a good place to rent too if you have the means to pay for the rent
in my area even in the times it is hard you can find a good place in a couple of months and move

Renting maybe a kind of saving for now and avoid the huge expenses when building a house, but renting for lifetime, that’s another story to tell. No one wants to rent for lifetime, and seeing your money has gone into waste, although you also live for it, but the fact remains that spending monthly rental most often and in the end, you still don’t have a place you can call your own, people will definitely tell you you are just wasting your hard-earned money.

Reality is, we all want to build a house of our own, that’s still the ultimate goal for everyone. However, if we can’t afford the expenses yet, then renting is good, but we should also save as well so we can build a home of our own in the near future.

I agree with your thinking, renting a house for life isn't a good idea. Actualy, there are many ways to own your own home, one of which is through a property loan. The annual rent can be allocated to monthly bills, but the interest is very high and there may still be a down payment required. Some people who prioritize convenience may choose this route, but it's certainly not wrong, as it depends on their individual perceptions and needs.

If you have some money but not enough yet to build your own house, I would suggest investing it in assets such as gold or Bitcoin. Consider it a hedge, while trying to accumulate more over time. With consistency, I'm confident your dream of owning your own home will come true, perhaps even sooner than planned.

Having your own personal home is a good ideal and a valuable possession. Because of the present dire situation of conditions, it is difficult for someone to acquire property and construct a house; this is not a major problem, given the high cost of building materials. Renting forever is not a smart idea because you will not be comfortable at all; in certain cases, the amount someone pays for renting in two years is nearly enough to buy property and construct on. However, due to certain people's lack of planning, we can observe that they can spend more than ten years renting a property before owning their own home.

Every person in the world wants to live in peace in their own house. Because he can decorate his own house as he wishes, live freely, and in a rented house there is no freedom, unless there is a compromise with the owner of the rented house, he has to leave the house and the rent is constantly increasing. So today people who live in rented houses are only helpless because they cannot afford to buy a house. And not only in my country but a few people in the world are wealthy and others are middle class and poor.

we grew up programmed to believe housing is adulthood's achievement badge, but the math does not add up for most people under 40. Anyone who has tried to "run the numbers" lately already knows: the numbers run you. Sure, wages are static, but property has become vessel for generational wealth transfer, social stability, even dating value

This is not just a cyclical market swing. It is a shift in how young people assign meaning to their choices. Is this a tragedy, or actually a rare form of freedom? You cannot lose the home lottery if you never buy a ticket. So, we see alternatives: digital nomadism, micro-investments, group living. They are adapting in real time, because who says a nuclear family needs a nuclear mortgage? The old system handed people a single template for adulthood. Now, at least, there is the variety of options. Most of which probably freak out politicians, banks, and anyone with a pension

And if this is a bubble, what is the asset being inflated? Dreams? Land? Or just the illusion that owning something gives you control? Maybe the problem is thinking that ownership equals stability at all. As for "structural change", it has already here, just messier and lonelier than the textbooks said. Owning, renting, bouncing, none of it feels like winning, but at least now the script's open for edits

Renting isn't a good idea, especially as rents continue to rise every year. So, in my area, owning your own home is no longer just a dream, but a pressing necessity amidst the ever-increasing cost of building a home. Arguably, a home is not only a shelter for us and our families, but also a symbol of financial stability and achievement. This is the case in my country, where even young people are afraid to get married without their own home.

Because, as the old saying goes, the most important thing for a family is to have their own home first. A home can serve as a refuge. No matter how small our home, having our own home feels very comfortable. A home can relieve stress, allow us to hone skills, or even spark ideas for earning additional income for investment. When it comes to property investment, it's probably true; the younger generation is more interested in investing in crypto assets than in real estate, which requires a significant initial investment.

Well having one own home is still the necessity of many people and living on rent won't be a viable option in the long run. Yes, i know people who buy / built houses and sell them but themselves are living on rented houses but eventually as the family go bigger (a man having wife and children), making one own house may be the best investment.

Yes if anyone has more funds, he can buy homes and put them on rent. For other people who aren't too rich, they can built one house and sell it and then built another one. This property business never fades away as there is always demand for the houses.

If prices of houses are going up likewise their are opportunities popping up to facilitate the buying/construction of a house. In my country (Pakistan), government few years ago launched a scheme where people are given special loan on less interest rate for construction of new houses or buying a constructed house. Many took advantage of that scheme and are now having their own roof. I am sure in every country their are such opportunities.

Having own home is dream of every person who live in rented accommodation and everyone tried his best to fulfil that dream. It's another thing that some are able to achieve their goals while others are not.   

As long you do have the money or budget then seeking out those places would never been a problem as long you can find out those rentals then you would be able to place yourself as long it would be that relevant whether you are working that near into that location then it would be just that common sense that you would be trying out to look into those locations on which you can rent out and be just that near into that on which it would be giving out that less hassle plus that cost effective in terms of expenses. Its true that when it comes to the prices that we do have now with those houses and properties then it is just that too expensive. On the moment that you've been that trying out to deal with it via means on investment then it would be a good approach but since not all would be having the money or capital that they can be able to deal up with then majority will be that prioritizing on acquiring their own home and dealing up with those long term mortgages. Housing could neither be having those choices or options that we do have currently and if you are eyeing for making money then you would be having that different approach.

Speaking about being cheap then i would say that renting would be the best option in comparing when you do have some monthly mortgage. The best thing about on having that option is that you can move in and move out anytime you do want without minding about your priority or what and its much cheaper rather than on paying up those monthly amort. Some people do prefer on having their own house on which actually this is I do like but it would that become situational because it would be that basing up into your financial capabilities whether you can be able to sustain. The good thing is on having your own property is that you can have options on whether you would be trying to make out some rent with that and make some passive income or you wouldnt be having any problems on paying up rent forever? It all matters about into your own approach and plans in life because each person does have that different priorities and plans ahead on which it could differ to each other. This is why we cant be able to blame them out if they have been able to reach out that option or not.

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 at the city then it’s gonna be a huge problem because there are countries that has poor transportation system so it’s not gonna be 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.

There was a time and from generations we listened to it from our ancestors that our own house will make you feel a sense of security. it was the first priority of everyone to build their own house but now the racism world or the modern world changed the way of thoughts. The increasing prices of homes people prefer to invest that money somewhere instead of buying a house. So, from that profit managing the expenses is easy and also enlightens the further ways of earning. Now when the resources are limited for every second person it is difficult to spend all on a house because after buying you have nothing to do or nothing to earn to manage the further expenses.

Most parents choose a good environment for their children to grow up in, and frequently moving around makes it difficult to get to know the neighborhood. In the context of investment, I agree that a house is no longer a potential investment, as discussed previously. However, when faced with marriage, it's much better to build your own home and not move around for whatever reason. If others have different views, that's fine, because everyone has their own perspective, but for me it's better to settle in one house with a much better environment.

Seeing a good neighborhood isn't easy these days, as crime is ubiquitous, which has led many parents to exercise a little extra supervision over their children, especially those who have their own homes after marriage. However, if someone moves in search of a more peaceful environment, I believe it's a perfectly worthwhile undertaking, but doing it repeatedly can be very tiring, as it not only impacts our children but also makes it difficult for us to adapt to the new environment.

As for investment, housing complexes strategically located near the city and business areas are ideal. Prices can also tend to rise annually, although this may not be the case for homes in rural areas, as urban properties are typically slightly more valuable than their rural counterparts. This is especially true if the village is a slum and lacks tourist attractions that could potentially serve as business opportunities for local residents.

There are many strategic advantages to living in any urban area, as you mentioned, I would like to add the social environment. Discussing the context of my country, I will first mention that in the past, the rural social environment was very beautiful and harmonious, which is now being lost with time. One thing is very important for living anywhere and that is the neighbors. If the neighbors are good, life is blessed and if the neighbors are bad, life becomes poisonous. Currently, in rural life almost every neighbor has jealousy and hatred in their mind. Even if I eat a little good food, everyone still looks at me. According to them why should I eat good food, live a good life, build a good house? And this kind of mentality is not there at least in urban areas. Anyone can live as they want, no one has a headache about it. But with the rate at which land prices in urban areas are increasing, buying a house in urban areas is an impossible thought for a middle class person like me.

That's called as crab mentality.

In rural areas they give pressure to other people to live like them, without any improvement. That's why rural areas is only of the reason of structural poverty.

But, in urban areas, people are simply don't give a fuck about other people because they're busy with themselves, unfortunately this also make you can't feel a real human connection or friendship.

If you want to seek a balance, sub urban areas is the best.

You are not wrong when you say that excessive caring of the rural neighbors can be poisonous to personal development. We all need room to enjoy life and be free to ask ourselves questions on whether we deserve to have good things or not without being haunted. Living in urban areas, huge cities, the isolation leaves us free to express ourselves without being afraid of being judged but at the same time does not leave me with a sense of closeness. The suburbs also give a balance of wealth and being able to know your neighbor with different opinions.

The price of land is not very high and can be afforded by the middle class earners and the facilities in the city are also easily accessible. When we live an active part of local consortium, like weekly market or small group of people living at the community level the social connection in the suburbs can be much warmer than just walking by the neighbors without even ever uttering a word of greeting. I feel that in deciding to live in the suburbs, you and I will enjoy the said financial advantages as well as the feeling of social security which lacks in the rural setting.

In the city people might be distant, but at least they let you live your life without judgment. Rural envy can really weigh you down, especially when every smal joy feels like it needs to be hidden. Sadly, the dream of city life is getting harder to reach with these crazy prices. ::)

Housing is no longer a necessity but a luxury, a lot of people are now seeing it as something that's not a priority.. Having a house is important but with that way the economy is going a lot of Young people prefer to rent because the expenses to buy or build a home has tripled.. Building materials are now on the high rise, only people that have a constant source of income or those that are financially stable can build a home.

The opportunities are good, but investing in real estate requires significant capital. Now, there's even greater potential in the crypto space, which anyone can tap into with much more affordable capital. For example, consider the annual rental income we'd receive, assuming we own a single home, compared to the same amount invested in Bitcoin, I'm confident the annual returns would be significantly greater in Bitcoin. Investing also doesn't require a maintenance budget like a house, making it much more optimal, unless, as I mentioned, you're building a house to share with your family.

You have spoken the unbeatable truth. People in rural areas have very little work, besides the number of stupid people is high and the devil can easily take place among stupid and lazy people (I don't know if you will agree with me, but I think so) that's why they calumniate a lot in their idle time. There is a proverb in our country: "Idle minds are the devil's factory." Since there is little work, their minds have nothing to do except gossip. Whether there are few friends in urban areas or not, at least they can be free from such dirty mentality, jealousy and hatred in rural areas, which is very peaceful mentally. So I have made up my mind to go to the city but I am not able to afford it due to the financial crisis. However, I am hopeful that I will go soon.

Yeah suburban should be the place for retirement or a place you back to home.

Usually people ask where to retire? they only give two options: rural or urban, while the best is suburban.

I don't see any reason to retire on rural areas except if you want to met your family.

Lol, you're correct in what you saying. :D

At the first time I thought there was no stupid people, the difference is lazy and diligent people, but seeing so many stupidity in rural areas, it was not wrong stupid people do exist.

Rural areas are only for lazy, stupid and logorrhea people.

You or I may be able to live by hiding our joys and sorrows, but I don't think there is another pain in the world like living with the dirty mentality of rural people, especially our neighbors, and if those neighbors are relatives, then there is nothing else to say. You may not find friends in the city, but you can live free from these pains if you are financially capable. And those who are financially poor live a terrible life in the villages. I am speaking from life because I am a victim of it.

which cases are like that?
in most of the cities you'd need more than 10 years of rent to be able to buy a place, sometimes 20
in my case I'd need 20 or 30 years of rent here (not considering adjustments in rent by the inflation % that happen every year)

renting also has other advantages, you can invest in things with better returns, you have the possibility to move to different places.

Many people are interested in property Investment because they have money to invest and their main aim is to become rich person of the area in which they are living and they want free life as they are doing struggle for the making money. Many people are interested in plot investment because in many countries plot investment is good and plot value could go increase in the few years to double but it need big investors . A handsome amount of money is gained by the tenants because these have good house in a good society.
People always talk about money and investment and rich people know how to take risk and risk will be less and if you know about the area in which you are Investing, that is less risky investment.

I guess the issue of house rent rising isn't only happening in my country, owning a house of your own is quite expensive now that building materials have doubled in price and long term renting isn't a good financial decision either. I'd like to have a house of my own soon and I'm walking towards that direction, in my country the payment for a rented apartment is annually and now that I'm still in a rented apartment I believe in two years I would be able to at least save up something reasonable to start my own building. Building a house is expensive but renting a house in a long term is a bad idea.

It’s still a necessity for every family but the priority level only varies. Some would prefer to build a home first before building a family, while others only get plans to start building a home when they have seen their family is already growing. So housing is still on the list, but the capacity for every family or person to build a house differs.

Even myself, I would always want to picture out my dream house, but most probably this isn’t the perfect time yet knowing my resources are still not sufficient enough.

It is not as if the government can't do something about it. The high cost of renting houses is not just because of the economy; I think this is mainly due to the government. Most government officials are involved in real estate now, which is the reason why renting houses and buying land is very expensive. If the government really wants to regulate the prices of rented apartments, it is something they can easily do, but they are doing nothing about the high cost of rent and land because they are benefiting from it.

Previously, building housing projects for citizens to occupy was one of the projects the government always pursued, but right now there are no such projects because most real estate companies are owned by the government, which benefits from the high costs. They know people will always want to find shelter regardless of how expensive it is.

In many countries, buying a property is so expensive that it doesn't worth it but there are countries where it worth it and is a very good investment option. Some more or less rich Europeans go in poor countries and buy a property there while it's impossible for locals to buy but for these Europeans, it's impossible to buy a property in their homeland.
Things simply change, nothing stays the same. If Diploma was a significant thing in the past, today it's not that significant in many countries. If you have a solid work experience and portfolio in software engineering, you can get a job without a degree in computer science. Also, many trades pay much more than CS or other degrees while in the past, those who were in trades, were poor. Today, those with degrees are poorer than those with good trades skills. Things change and people have to adapt.

And based on this study of precedence: https://www.precedenceresearch.com/real-estate-market
It's going to continue to grow up to 2034 and that means that this inaffordability of houses will continue and many will no longer afford to purchase one for themselves.

https://iili.io/Fv1S2LP.md.png (https://www.precedenceresearch.com/real-estate-market)

The goal of many to have their homes is not going to happen because of the continual increase in the price of housing. And this chart means about growing in size of market cap tells that a lot.

For the new generation, buying a house is really difficult. We have to accept that the conditions the previous generation had no longer exist. However, crises and opportunities still appear from time to time. Those who catch them can buy a house. For this, it's necessary to build up a certain amount of savings first. Unfortunately, many people nowadays can only cover their monthly expenses and can't put money aside. Because of this, it becomes even harder for them to buy a house. Just Yesterday there was news here that the government is offering an opportunity to buy a house by collecting coupons. But the prices of these houses are twice the normal price and the monthly payments are very high. Buying a house this way is nothing but a dream.

Once upon a time, people lived in a world where a man's income was enough to support his entire family (a wife and several children). Then women were given the opportunity to work. This was declared a great social achievement, but from an economic point of view it only meant a decrease in the purchasing power of wages. Now one person could no longer support an entire family👩‍❤️‍💋‍👨

At the same time, processes of centralization of world wealth were taking place. An increasing part of the world's wealth was concentrated in the hands of a small number of very rich people (millionaires and billionaires)🏛️

After the formation of the Soviet Union, the end of the global crisis (global depression) and the end of World War II, the idea of forming a middle class in developed Western countries arose. The Western middle class was supposed to serve as a kind of demonstration showcase of prosperity for the Western world, that is, confirmation of the complete superiority of capitalism over socialism. However, in 1991 the USSR collapsed, and now almost all countries in the world gravitate towards capitalism. At the same time, in recent years, the concentration of world wealth in the hands of a few has acquired a threatening character. The middle class has already turned out to be unnecessary (capitalism now has no competitors)🌚

What do we see now?  The development of technology has significantly increased labor productivity. However, has this affected the size of wages? Almost in no way! Now (as before) a family cannot live on the salary of one person (at least two must work). At the same time, people (as a rule) do not have the opportunity to earn and save from scratch for a good apartment. As a result, modern youth are practically deprived of economic prospects and, in fact, are much poorer than the previous generation. This is not so noticeable, since technical progress has brought various services and devices into our lives (which create the illusion of a more interesting and successful life). Nevertheless, in my opinion, this circumstance will become more and more noticeable every day. And similar information signals that the state of the economy and the distribution of world wealth are extremely unfavorable are now coming from different countries of the world.📢

The biggest bait-and-switch of late capitalism. The productivity is skyrocketing, the number of apps is growing, we are able to connect with anyone, any time. But the basics (housing, job security, meaning slip further away. Do you remember when two incomes were supposed to be twice the comfort and not twice the stress? All this empowerment by work was just a change of the baseline and now everyone is just trying to keep up with not falling off the treadmill

The amount of noise out there about "building wealth" is insane when the structural math is brutal. The volume of clatter out there concerning the development of wealth is crazy when the structural math is brutish. Minimum wages, student loans, real estate bubbles, all within a system that is making a pretense that the middle class is still a place that can be reached. People call it "progress", but it is really just "maintenance mode" with better gadgets. And the illusion of prosperity is a feature. Streaming, smartphones, same-day delivery. All of them are clever diversions of the simple truth that, in the majority of cases, the fundamental opportunities have not shifted at all in decades

Why are so many insecure when we are all more productive than ever? That is the new social contract: trade away stability for the latest convenience and a dopamine hit. Capitalism won. There is no enemy at the gate, so the squeeze can finally go global, quiet, and polite. What nobody wants to say out loud: the old middle class showcase was always a marketing campaign

You can't say same applies to all young people all over the world. Different countries with their different backgrounds and economic status of their young people. In my country, houses are equally expensive but most young people would rather splash money on cars that build a house. Although building a house does not seem like a priority to them, the major reason is not because they cannot afford to get themselves a house. Most young people just prefer to live in locations where they can connect with like minds and business partners.

You absolutely right - priorities vary a lot depending on the country, culture, and personal goals. But in many more developed countries, there's growing awareness among young people that homeownership has become far less attainable than it was for previous generations. While their parents may have been able to buy a house with an average job and reasonable savings, today’s market is often out of reach due to soaring prices, stagnant wages, and high living costs. Of course, this doesn’t apply everywhere, but in many places, it's not just a matter of preference - it’s a reflection of economic reality.

Of course not, we are also going through the same thing in my country. I think the biggest materialistic blessing one could ever received is owning your own house. After that, then you can plan ahead for other things that want. I pray that before then (before two years that you said) you will be able to secure your own apartment. Paying for rent is not an easy task. For many people in the 21st century, building a luxury homes and living a luxurious lifestyle is a significant aspiration.

Because of the insecurities in some countries that's why people aren't interested in building houses. The moment they get a permanent location which having a house signifies, it can make them become stuck to that location but having the freedom to move from one apartment to another through renting houses can help keep them in developing environment that encourages growth. When your environment isn't motivating you to become a better individual, you need to relocate but having a house can limit that unless you wan to let go of all you have invested into the building to living as a talent again. Don't build a house when you don't need it, house should be among some of our least priority and focus on building wealth.

I think you should know yourselfon this matter and not young people. I have not seen any young man who wishes us not to be successful and get their own house, so I’m surprised you said this. Moreover, everyone wants to live a luxury life, so why did you say young people think owning a house has now become something luxurious and they are not planning to own it? I can say that you are wrong; rather, maybe for you, you see, owning a house is a luxury, and you don’t seem like you will be owning one.



Even before now, a house was never something free; you must work hard to get it. It’s just that the economy is not like before, and things have changed. Things have cost to some extent in that not everyone is able to afford it, but everyone who wishes to be successful wishes to have a housemate. I’m surprised to see this, because I haven’t heard or seen any young man who thinks this way; everyone is working to be successful.

the place where a person chooses to have their home also changes everything
living in big center are way more expensive than living in the countryside, of course
some places are so expensive the cost by itself will keep a lot of people out of it

it's crazy how prices and even rent is going up all around

For now, don't aim for a luxury home but just go with the basics. As long as you have decent home where you can live your family decently, that's more than enough. At least you are not paying rent and the amount that you will allocate for home improvement is worth it because you own it. Just aim for more when you have more in the future. But do remember, you don't need a luxurious lifestyle in this life.
Because later on in your life, you will appreciate more about what factors really are important in this life. And a luxury life won't give you peace and contentment but you will see mostly, on how you live with the basics. Like living in a countryside which is more peaceful. Less material things, less stress and many more.

We should realize that it does not matter as to how large or luxurious a home is but is a place that is safe and comfortable to grow together. It is understandable that you do not want to end up blowing money on a house that is too costly. We are very caught in the superficial form that a house needs to be big in order to be called a successful one when we as people have far simpler needs than that. What is much needed needed now is to make sure we can afford a home which will be a safe haven in the future to base our family life on which will not cause us a lot of damages to our bank balance.

Renovation of homes is normal since it is one way of taking care of what we already have. It does not mean we have failed in case we should not be able to afford a larger home at the moment. Actually, we are also educating ourselves to be realistic. We are not after prestige but something or somebody that will be stable and comfortable without being harmful to our future. Let us go on living with our heads high, and calculating sensible measures, and carrying them with step, but step.

I am just glad I bought my house with a mortgage of the same price as the rent I am paying, that is why I accepted it. Instead of renting forever, I want my own home, even if it will take me 30 years to pay for it.

But you are right about your point, it has become a luxury now. I have a neighbor who got his house in a bidding and his monthly mortgage is double the price of my house, even though it has the same size of land and house. I was actually shocked that it only took 5 years to double the price, and the speed at which houses are getting more expensive is getting faster as the city is growing too.

The situation, conditions and mindset of the next generation (young people) in the place you are talking about may be different from other places or countries. How is it possible that a house is no longer a realistic goal when it is a very basic need, most of the young generation around where I live want to live independently after getting married, they start building houses even though they are not too big instead of paying rent which can increase expenses. The mindset of people where I live is that they want to live comfortably without having to burden others or themselves, for example by staying at their parents' house or paying regular rent every month/year, so they will continue to try to build their own house even though it takes years due to financial limitations.

If basically using debt, I might agree that it is an unreasonable choice, but if it can be utilized the existing options, the property is no longer a trend in the current conditions.
What makes someone think to turn to an investment model that is much easier to run and how to return the results you get?
The answer is quite diverse and people see the potential for the investment in live must be at the level of financial freedom you want.
For example, if we place money in a certain amount of bitcoin and if the investment is done correctly, the investment will develop by itself.
This is the pattern of financial freedom expected by most people because we can sit casually in generating maximum profits if carried out properly.

That is a good decision that will make your generation to celebrate you as a good father or mother to secure such property. There are some people who will not have such idea to buy the house than to continue paying rent but you developed the idea to buy the house to become your property that will be generating income for you monthly or yearly, even though it takes you 40 years to balance the payment for the house document to be given to you, you are out from house rent from that country which I will like to encourage others people to take such risk to acquire properties that will make them to celebrate for having such houses properties, I know is not easy to buy houses or build houses in a develop country because it requires huge amount of funds before you will be able to have properties in that country.

Housing will remain a primary consideration for young people before and after marriage, as it's the most comfortable place for us all to rest and relax after work. You can even work comfortably from home to earn extra income.
And most people strive to realize their dream of owning a home, regardless of the price. They know house prices will continue to rise over time, but that's not a deterrent because a home is a vital necessity. And once they own one and want to sell, the price will also rise, making it profitable and allowing them to repurchase a cheaper, more modest home in a less crowded area. As the area develops and becomes more crowded, house prices will rise, and this can be turned into a business until they find the right home.

 Problem here is the label for the housing as an asset, young people typically have the energy and good health but not the wealth to take part in a fully mature housing market.
   Quite a few housing locations are biased towards people near to pension age and are far too expensive for people or families starting out.  

The solution to me is fairly obvious young people do need housing and a place to stay like everyone however they must be part of building that next generation of housing.  This is not unheard of and sometimes a cooperative of different trades will build a row of houses together to get the job done.
  This does require people are allowed to buy and develop the land to begin with, often cities have restricted development and repressed their youth in effect for the growth required.

I assume you are lucky and right in making decisions. Some people prioritize idealism and forget about reality. For example, many young people and new workers choose to live in the city center, close to their workplace, with high mortgage payments, without considering the idea that "we can only guess what the future holds". Some choose to live in the suburbs, waking up and leaving for work earlier, and paying lower mortgage payments. A home or shelter is a primary human need, serving not only as a shelter but also as a place to rest and carry out daily activities, especially for families with children.

The importance of housing is crucial because as humans proliferate, the infrastructure and facilities necessary for life also increase. Therefore, a nomadic lifestyle can be exhausting and expensive when moving around.
If the target is only to have a house, a house in the countryside can be bought at a very cheap price, but what young people want to have now is a home.

That was caused by some changes in policy from the local government, especially in the economic field, free assistance houses, cash assistance to become the community to be lazy To think long -term to think of homes added to the economy today is bad for global life.

My country this year issued 3000 free livable houses, this is one of the structural economic changes, you can use money for investment purposes, The opportunity for opportunities to get is very possible, for that many today in my area of new young people who are married do not need to think of home, Enough to be a volunteer candidate for your governor will get a house or become a supporter alone, that's how the change is currently ongoing.

Everything will be that ending up on someones preference on which it would be that better that we should be that following on what we do have in mind and heart and wont be that always listening or going the same on what other people would be that wanting. Each person does have that different ways on how to earn money or simply their financial capacity. We do know that there are those people who are financially capable but still ending up on wanting or preferring on renting rather than on buying up their own house. There are those people that despite of being that living on average does really want to have their own house because t hey do feel out secure and being that comfortable on owning their own home and doesnt need to pay up some rent. Goals and intents will be that definitely be that different to each person which we know that each one of us does have that different level of capacity and plans in life.

It would be better that you should be sticking into your ideals and preference so that you wont be ending up on having those kind of regrets at the end just because you do try to oppose on what you do have ind mind but of course everything would be still that depending because there are those choices on which are worth to do so because you have seen that opportunity or some beneficial aspects.

Importing massive quantities of migrants most of who are useless and parasites is not helping either. The result of house pricing explosion is solely the result of bad policy. Those with interest in cheap labor and good even if useless statistics fund economic think thanks that produce fearmongering on population decline. As if a stable population would mean that a nation is going to implode very soon after. Even short periods of population decline would not be bad at all, but interests that control the narrative do not want this.

Were it not for such things, the prices of houses would be much more reasonable. To add on all of that is the ability of massive corporation to hold endless portofolios of houses. This leads to the increase in rent costs and house costs which further makes this situation worse.

Owning a house is one thing and owning a home is another. A house could be just any building, either a living space or where some business of some sort is being done but a home, it’s the deal living place with a good sense of comfort for habitation.
You’re not wrong to say owning a home is a dream as not so many own homes and it’s not easy to own a home for real, with a lot of people still looking to get by in a hard economy, it’s not easy but still achievable.

The kind of generalizations the op makes could benefit from citing sources to see whether it's truly a trend and, if so, in which countries. In my country, older generations just got their flats from the state but didn't exactly own them (Soviet Union, Marxist stuff about private property). Then, as the Union dissolved, there were opportunities to privatize flats. Still, buying property was never affordable to most people.
Right now, only those earning well above average rate can save up for a flat or benefit from mortgage.
Speaking of mortgages, the rates are some of the worst in the world, so they aren't popular. Also, renting isn't that expensive here, whereas a strong possibility of having your flat damaged or destroyed in Russian air strikes discourages saving up and buying a flat.

I think that the environment where the OP is writing from matters because in European and American societies building of houses is not popular because they have moved beyond building of houses people buy house as they grow and become successful but is different from other countries this is due to the fact that the government of such countries have done significant investments when it comes to housing in making sure that the citizens gets affordable housing.



I think that the world is moving fast I I believe that in the nearest future housing will not be a problem to anyone because the right infrastructure will be put in place to make sure that the coming generations doesn't lack good accommodations because accommodations is one of the basic necessities of man

with my little understanding everything that has to do with investments is typically for the profit of the investor, so what I want us to know about investments is that we need to know if you're tender in age and you make money earlier you will invest the money in a place that it will bring a profit in the next ten years, so going into housing investment, it's a lucrative one, because shelter is important for any living beings, so what makes housing to be a lucrative business is because it has to do with population of people, so housing business is a one if you have a good location or good sit

I think housing has no value in that time because people have unique ideas in that time and they are working on their ideas. People are doing work but they don't want to buy a costly home because it is debt on the person because there will be more more Bills to pay and when you bought a shop it's price will go up in one year and you will be in the profit. Many people tried to but a property in the past but now that is ancient idea and people should try to work on different skills. There are many opportunities in the market and one is one can invest in cryptocurrency but he has to be patient to get profit in a long term because Bitcoin could go down for a limited time.But I will give you 30 percent returns on investment in one years and it is more than other investments.

It seems like all countries are now seeing an increase in the number of rental houses/apartments, because this is what is happening in our country. When ordinary people do not have regular or stable jobs, the only thing they can do is rent a house that is not theirs.

But if a person is regular in a company in any business here, there are high chances that they will get housing loans that in the near future will become theirs,
but if there is a business that is making a profit, they also get a house that is no longer a rental.

Despite the numerous challenges in affordability of houses,house ownership is still been valued and will still be valued.Its a desirable property and anyone's big aspiration through and through.The rate at which individuals pay rent is a general economic concern and it indicates that houseownership is still a milestone for them.

The weird thing is, back when I was a kid, we were all on the streets playing, our parents even didn't know where we were, they just assumed we would come back on time, that's it, our only responsibility was that we need to be at home during dinner, but between ending of school, and dinner, we were not even asked where we were, we were just "playing on the streets" and that's what we really did. These days?

I would never even assume that's okay, that would be super fearful for me, and I would never let my children be on the streets that way, I would go out of my mind. Isn't that scary? What we had as a children isn't even possible for our children, that means, the streets got a lot worse and that's going to be a huge risk for their children, wonder how much worse it could get.

It's not like having a house isn't important but it's a long term goal that has become more difficult for a lot of people to achieve in some countries... People that are not rich in my country had ways of achieving this long term goal but now things are not what they used to be..The economic situation has made it difficult to think of building a home.. Talking about how expensive building materials are now is a discouragement

With the property and housing industry becoming expensive, most of average investors prefer to live in rented homes and not invest their life savings in homes. They can use and rotate this money in any business rather than investing it in the property. There was a time when buying and selling property was a good business, but that's no longer the case. Things change pretty quickly, and you can only stay in the market if you can cope with the changes. The property business is now slowly dying because not everyone can afford such expensive properties.

In a world where people spend more time on virtual environments than on physical ones, it's normal to see preferences changing from owned houses to rented ones. To own a house demans much more responsability and spare time from an individual in order to maintain it, while renting a house makes life simpler, especially if there is already furniture included on the package, besides water and electricity as well. So, the tenant just has to pay a single bill, the rent, every month, without having to worry about anything else.

Moreover, there are also those who work all day long and just want to find a comfortable place to sleep at the end of the day. They don't want lots of rooms, a large garden and things like that, because it means extra tasks to be done in a daily or weekly basis.

I believe renting isn't an issue, but a tendency.

The situation in your country is similar to ours. It's difficult for people to build a house to invest in physical assets, and even building a home to live in with their family is much more difficult now.
The cost of building a house is not small, and the economic situation for individuals has been poor in recent years due to the lack of growth in their financial income from work.
Prices of goods continue to soar, and there's an imbalance between expenses and income, leaving people in a much more difficult situation.

It won't be easy to build a house to live in, especially when it comes to investments in this sector, and the potential for a commensurate return is also small.

Even rent is unaffordable for some these days with the ever increasing rent price.

Just few years back rent already taking up 50% of people's income. You can imagine things will get worse since salary can't keep up with inflation.

I think people will just buy a van and live there. Much more cheaper than even renting. I've seen plenty that lives in their car as well. It's a tough time.

Not only are the prices of building materials becoming more expensive, but the wages of builders are also increasing. For example, in my country, if you want to build a house, you need to pay the builders' wages, and that’s not even including their additional needs, such as snacks, overtime pay, and so on. So it's not surprising that the average person ends up spending a lot just on labor costs alone. Although hiring contractors can be an option, it’s still not affordable for many.

The best solution is still to buy a government-subsidized house, as it is much more affordable. However, the requirements are usually more complicated, and the house is often located far from the city center. So this is a bit of a dilemma for people, whether they want to build a house, but it's quite expensive, or buy a subsidized house that is much cheaper, but comes with complicated requirements and is usually located far from the city.

To start with, how will they survive paying rent for a long time if they don't have regular or stable job? I think this generation doesn't have building a house in their priority list and seems to be too comfortable living in a rent house. Although, it's a different case if they're into a job that has no permanent location or can switch their staff to their other branches at any given moment. In such situations, renting might become the surest way but whatever the circumstances, it's ideal to own a house to your name before it gets too late. It's not just a house you're building, it's a symbol of your existence.

freelance people don't have regular or stable jobs but they have enough money to pay for rent over time
there are just so many ways to live
a person could have investments too but no 9 to 5 job and be able to afford their living

in the end many do want a job because you sell your time for money risk free but many others will choose to go different ways

Much of what has made the prices of housing to rise all the way is relative to the mass relocation of people from the rural to urban cities which has caused over population where many heads chases after limited houses.

We don't find this happening in the rural setting. Why? There no dense population there and housing is cheaper.
What the government can do in  is not only to raise wages, it makes the situation worse with high competitions for high living standard between the citizens which does trigger a more increasing in renting.

The government can decentralise the institutions away from the urban cities to the rural as this will without force compel many citizens to move away from the industrial cities to the rural causing a reduction in the population explosion which has led to housing problems there.

Actually youth dont want houses for several reason. Main reason they are not ready to dedicate free time to keep that house. They ok with buying or renting a flat, but they dont want all the routine house offer (like cutting grass, cleaning show, keeping territory, its more territory to clean inside, as well as they are not experienced (and dont want to learn) how to do basic stuff at home plumbing, electricity and etc). Youth prefer today to live in flat most of the time, then when its winter or cold, move to a warm country to work remotely several months.

Having a house is certainly everyone's dream, there are many considerations why the younger generation is reluctant to not pay housing installments, the main thing is that the increase in house prices that is not balanced with wage increases is a big problem for young people, and the fear of losing a job or career instability is an important factor that makes the younger generation hesitate to take long-term debt such as housing installments and they are also worried about not being able to meet installment obligations if there is a change in their work situation and many are trapped in long-term debt due to trying to buy a house, which should be an asset, but instead becomes a financial burden.

This will not change forever even though for the next generation the price of houses is very high but the desire for it still exists because realistically if the selling price of the house is higher then the rental price will also increase so the two choices remain the same so the desire to own a house still exists because this is for the future and I think it will never change forever and will not affect anything.

One issue we have in Canada is that there is a lack of supply. Its rare for an old person to sell their home so someone young can buy it. Reason why is because where will they go if they sell their home?

They can go and buy a smaller house but that smaller house will almost cost as much as their old house after fees and such. They can buy an apartment but apartments usually have condo/strata fees and these are usually as high as the utilities for a stand alone home.

Even nursing or old folks home is very expensive. Much more expensive then living in the paid off house they already own. So there is no point in moving and no point in selling so they stay put and it leads to a shortage of supply.

A very accurate observation. Moreover, the fact that a young person won’t be able to buy a house no matter how much they save leads to hopelessness and unnecessary spending. In the long run, this results in a decline in their quality of life and increased debt.

Indeed, you actually said it all because when ever you want to give credit to an environment in time of development, it have to do with the structure you find there which gives it more value. Honestly, when you talk about investment housing is not an exception because it always among long term investments, it is a lucrative business and most importantly it also use to describe a particular place. I know most of the people that invested in housing when there we are still having money and later it comes to their aids when they have retired from service. With regards to the high cost of housing, it is everywhere so we have to accept the condition and move on.

Any increase will always be adjusted to the income and salaries of workers, including those in government. When property prices start to soar, the salary of every worker will also increase. Even if there isn't an increase, I think there will always be confusion about how to achieve the dream of owning a home or renting a house for a place to live. So, what you said is a fact that no one can deny. The desire to own a home will always be in everyone's heart, even if it takes time to achieve it. As housing prices increase, it naturally takes more time to save money.

That's exactly what I think, that all over the world the situation with apartments has become very difficult and almost no one can buy an apartment in just a few years of work.
We need to constantly look for part-time jobs or work at a job for 12 hours a week, and only then will there be hope that you can pay off the loan for the apartment.
I am very surprised that even in those cities that are considered to be absolutely unpromising in terms of work, housing prices have also become enormous in recent years.

it depends
on the other hand if you look at it it's less expensive to rent than to buy nowadays because the real state market is really inflated with outrageous prices
if a person decides to rent instead of buying they'll pay less and have more possibility to move in the short term

I agree with you. The current youth is addicted to spending and many things relating to consumption, social media fuels their envy further making them act in stupid ways. The days of good savers and smart spending are gone. Very few people are like that these days. They are quite valuable though.

Rent prices are through the roof pretty much everywhere except in places that are very bad to live in. What are you even talking about? Renting is always going to be less expensive than buying, that's just logical and not worth stating.

it depends on the country
if you want to rent in my country you'll pay something like 0.5% per month of total apartment/house cost
this is 6% per year

bonds in my country will pay you 15% per year so 1.25% per month

and bonds give you no headache
no maintenance cost, no burst pipes...
it's much easier

it makes no sense to buy if you can rent and leave the money invested

if you invest in usd you probably get even more return than with brazilian bonds, for those living in Brazil... not sure if this situation is the same all around but possibly.

we are not even projecting what will happen in the future, even at the present, housing price has gone really up without the income of workers increasing at a propertionate dimention. if you are a civil servant that worls for the government, you can barely think of owning an accomodation beacsue your income is damn small that considering building a house with such bincome is almost impossible. private sector workers that are at least earning a decent amount from their work can afford to to go for building an accomodation though it will normaly take time.

the only hope for most users is to adapt to the system of house rentage which is the cheapest there is as far as the matter of house ownership is concerned. but still, the wya most landlords are increasing there rent is making it really deficult for the average person to rent a decent accomodation that meets his needs.

Housing is good if you have no house to live in and you are giving rent to the tenant and they are increasing their demand day by day . Your living home is liability but you should live in that home if you want to spend most of the time with comfort. People always try to buy a room which is not profitable but they should but profitable rooms or house . People could Invest in other assets which are more profitable than any Investment. BTC we all know about that but the people who get education about that ,they are getting benefit from that . People always want to be rich quick and that is not possible by investment in housing and real estate but that is possible by investment in BTC .You have to invest that money if are trader then you could gain profit in a hour .

With the high demand by investors in the real estate sector, house pricing became almost impossible to reach for the majority. So they came to a simple calculation; the average retirement age is 60 between all coutries (not exact but just assumption for the example) then let's consider 30 years old is the average age of people willing willing to own their own houses. Means we have 30 years until retirement. Then let's calculate how much cost renting a house for 30 years then compare it to buy a house immediatly. Surprisingly, it would cost much less, considering the category of people living in big cities because house pricing in villages are much cheaper. Do the calculation yourself if you want.

On the other hand, Gen Z's thinking is sometimes a bit different from millennials, because even when they can afford to buy a house, some of them still don't prioritize it because they have their own way of thinking, so it's not uncommon for them to choose to rent instead of owning a house outright.

I have seen several talk shows on local TV in my area where, when faced with the choice of whether to buy a house or a car with sufficient funds, the average response was a car.
Some of them also mentioned reasons such as having a car at least gives them an alternative way to earn money by becoming an online driver (which is currently quite popular among young people in my country) or even making it a lifestyle choice among their peers.

This may depend on one’s mindset. Personally, I would prioritize buying a house first because it is essential for me, but there may be other perspectives, especially among today’s young people who prefer practicality.

Not everyone can build a house and not everyone will keep on renting forever, there are some that breaks out the renting and start looking out for building private house, even if it can contain family, parents and children.

What I noticed is that, people are no longer building a house that contains more rooms when children aren't much, it isn't proper having lots of room empty when children isn't many, that's financial mistakes.

I bet there are many more factors that can influence the final total spending for renting / buying a house than it looks such as maintenance, etc.

Moreover, the housing prices that are in places where public facilities are many will be much more costly than buying house in a village where hospital is 30 minutes away.
There is reason why landlords keep raising prices despite the cost of renting already too high, because the demand and nobody want to experience floating interests that could make them broke.

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.

For those who still live in rural areas, owning their own home is arguably easier than for those who live in cities. While it's easy, the calculations are still difficult. There are many contributing factors, as (in my neighborhood) people typically still own land, whether inherited or purchased from others, at much lower prices than in urban areas.

However, we'll naturally be far from hospitals, shopping centers, and other central hubs. This is different in urban areas, where public facilities are close, but the prices are certainly very high.

Only the timing and the situation can remarkably transform a housing experience of a person. In the late 80s and 90s in a boom, although very high, the prices at least seemed sort of affordable with a combination of savings and perhaps some assistance in the form of an inheritance. You worked on this six years but you finally did it.

The problem nowadays is that in most cases, several decades of living a frugal lifestyle will not suffice even to help young people to fill the gap. Due to wildly higher increases in prices than wages in certain markets, an inheritance is no longer a bonus but commonly is the main means of access. And when loans, tax and living expenses are mounting up, the just wait and save is not realistic as it used to sound.

I believe that what is happening at the moment could not be no more than a bubble because it seems like a systemic change where the ownership of home is no longer a milestone that is reachable but a privilege that is reliant on the generational wealth.

I won't lie to you guys, owning a house of yourself this days is one of the most difficult achievements to make with this kind of economic crisis we've found ourselves in a country like Nigeria. I am not really happy to see the economy of the country in this state of quagmire but it is very unfavourable to poor men like us (I'm not entirely poor though, but the provision for average income earners in Nigeria is gradually declining by the day) with the cost of things and how the naira is getting weak in the forex market now. I am saying all of this because I am currently building a house for myself right now and I can tell you how tasking it is. How the prices of building materials have skyrocketed and how volatile they are. Today, you go to the market to buy something and tomorrow, what you went to buy has increased price whereas your income level is still the same or even less.

To own a house now, you have to just start from somewhere and start now. You don't have to wait for the right time because it won't come. Just start up something and if it is money for 100 blocks you have gotten, buy it and keep. You don't even have to collect them, just take the Reciept and keep it safe. That’s what I did before I was able to complete my POP work. If it is building that is in your mind, focus on it. Design it in phases so that you can rest when you get exhausted or when you achieve a certain milestone.

Like I was doing mine, I will just give a target of lets say next two or three months, to complete all the POP ceiling work in my apartment, then I'll quantify and make sure my projection is measurable to my expectations even if it's not that accurate. Once I plan that, I go straight to those vendors and negotiate with them then make some deposit with them. Due to that commitment, I'm almost forced to keep depositing more funds when I have more money until I'm done buying all the materials, then I spare out a time to get the workers on site and deliver my job for me. Through this strategy, I have been able to take my building to 80% finishing level now.

You're right, the number of houses and apartments for rent in the Philippines is increasing, and so are the rental costs. Even bedspaces and studio-type rentals are getting expensive.

At the same time, many people are still availing of housing loans from the government because they are more affordable. On the other hand, houses purchased through in-house financing from a developer or bank are significantly more expensive—sometimes even triple the price of government housing.

This is due to the premium of the developer and at the same time compounded interest due to the longer term of payment.

Housing in the PH is too overpriced compared to the quality of the houses. I have a relative contractor that can build the same specs of the house but with lower price and much better quality of construction.

The premium being charge of the developer is too much in PH. Much better to by a lot and build your own house through house loan.

Housing is a necessity where I live, no generation is looking to leave it. Rather they are all proactive in getting more than one property - they are often thinking about giving away one room for rent while they live in the other one.

Today making an AirBnB out of the remaining room is not an issue and will become a source of passive income which is a cherry on tip.

If you ask 100 young people out there whether they are interested in Housing, 99 of then will say yes.

Maybe it's because we live in different locations. If I may say, after all my struggles and investments, if I achieve my goal to become successful in life,
     
 the first thing that comes to my mind is to own a house. It has solved 70% of my problems in my own location because having my own house in the location I'm in today is very necessary rather than renting a house.

We were always taught to grow as independent individuals in all aspects, my parents always advised us to avoid debt, depend on others and minimize unnecessary expenses. Be your own boss even if your income is not large, the same goes for home ownership, enjoy the simple atmosphere of home instead of having to pay rent every month. A house still falls into the category of necessities, even if it's small, but you're the owner. I always remember the saying, "My home is my heaven." The context here is very clear: you'll feel comfortable living in your own home without being burdened by other things.

You must not build a luxurious house to own a house, there are houses you can build with little money that might not be as big as you are seeing it. The stress of renting a house on the long term is not as easy as you are seeing it. There's nothing that's as good as having your own house. Moreover the prices of renting houses are not stagnant, they are equally rising as the cost of building a new structure keeps rising. What one should do is to strive to increase your sources of income because if you want to rely on one source of income it will disturb you to cope up with the rising cost of building or buying a new house.

If you're going with this mindset you would end up not building a house of your own,  and you may be thinking that the amount of money you pay for rent is less than buying now imagine how long you will continue to live there? And nowadays rent is becoming too expensive to an extent that not everyone that can afford to pay for ordinary (self-contian) not to talk of 1bedroom flat, so this Money you're spending every year to pay house rent is enough to start up a new building because there are some person's that have been staying in a rental apartment for decades, I'm sure if they use the money to start up a building plan they would have finished up with everything and just move in but some people failed to understand this.

In light of what you are saying the feeling can be some worth different when one living in their own personal house than that of the rented apartment, the sense of possession and having that self respect can be paramount no matter how small the house can be while making other necessary plans for upgrading with the time, but come to think of it who will intentionally went to be living in a rented apartment for ever? There is nothing wrong having investment plans to enlarge our source of income streams but that at all doesn't making having a house to be called your own not worth being a goal.

Living in villages is no longer a bad idea because services facilities are everywhere nowadays. I live in a small city in a developing African country where there a lot if villages arround and agriculture farms. Except for universities which are combined in big cities, all services are available and people spend time in transportation from their houses to their jobs less than those living in big cities suffering from continious traffic jam. This makes the choice of living outside the cities a great idea and even better if someone want to buy a house. Why to buy an expensive house in a crowded poluted city when i can buy it much less cgeaper in a nearby quiet village?

There are pros and cons for renting and owning a house. But it's a matter of fact that the majority of us would like to own our own house. It's true that it doesn't have to be expensive to have a house. As long as you can call it on your own and you have a roof above your head having the necessities of a house. Both renting and mortgage are increasing and I agree that someone has to increase their source of income whether you want to buy one or rent.

The way modern houses are trooping and trending, you will wonder the kind of luxurious houses we are going to have in the next 10 years, the old ones are becoming ancient and the new ones are replacing but as much as houses are changing, some patterns will take years before they deplete. There is this pattern of houses that are built in UK with red bricks, they are more than 40 years old and they still stand till now, they are well maintained.

Location really matter if you want to own a house, as for me it's not a compulsory that I must stay in expensive area, if I'm secured and safe with a developing area and good access to road, water and market then rest assure I can have my house there. I don't have to own the biggest house in the estate or area to own my house. My goal still remain the same that I must own my own house before I have childrens, there is freedom when you have your own house.

Things are not what they used to be in the past, renting a house in this current economy is expensive depending on the type of house you need. Owning a home on the other hand is extremely expensive especially if you don't have the money to start off the project. People who rent might have plans to own their own house but you need to start from somewhere, building a house takes a lot of and money

It depends on what is your plan, you can still buy a house just not where you want it and how much of a dream house you need.
If you wish to have just a house go for it. If your wishes are greater a house is not that much of a priority.

There would be that always a significant differences in between you would be living in a rural area and in urban areas on which it would be that impossible that you cant be able to determine the differences in between two. There are just that those times that you do want to go into those rural area just to have that peace of mind on which it is away from city traffic and very populated and polluted air. It would be just that depending on a certain individual because if we do speak about preference because some do always prefer that they would be on the cities because they do wanted to have that access on everything specially into those main common places on which we can directly go to if we wanted to. Speaking about on having our own houses then it will be that also having that choice and of course having that capability on buying up a house or building up one. There are those who do have the money but still that wanting to have a peaceful living into those rural areas just because of that they wanted to be out of that city life. They do rather buying up some properties for them to make some rental and generate out that passive income. For those people who are that treating up buyng up houses to be that becoming an assets then thats indeed a nice call because if we do speak about having that earning opportunity income then it would be able to generate out, and this is something that do need up to consider but when it comes to goal then there's nothing we can do if others would be that going into the other path. What matter most on here is that you should be focusing into the things that would bring out that passive income on which it will be something that beneficial into you. Always be considerate about into those potential results rather than on doing nothing at all. Some might not that be thinking up that much and would wanting into stick on where they are that comfortable with or something that they do prefer. Well, we do have our own approach and decisions life when it comes to this aspect.

I think the only situation where debt makes sense is the one where you can borrow money and invest at a better rate than the interest you are paying
this is not usual and on the tradfi world even less common so in general it's better to avoid this strategy and go other ways
does it make any sense?

It depend the location you build the house that will make your generation to enjoy the money that will be coming out from the house rent.

To buy land in the city and build house to generate profit you have to spend big money, and if you are not financial buoyant I don't think you will be able to have such achievement in the city, because if your children are not comfortable with the house in the future they can decide to sell the land and the house to add to their wealth. But no parent will pray for his or her children to depend on their properties than to wish their children to be better than them in the future.

If people don't have house certainly people will always rent a house for life i think this is not good too because i am sure rents prices will get more expensive with each passing year and after seeing this condition i am sure people want to have house for their retire time but the financial condition of every people is different because usually low salary makes some people forced to rent a house because they cannot afford to buy one

In my opinion the goal of next generation is they still want to buy land and build the house because i think property is still one of the best of investment tools besides that with having house it will make people live better without thinking of rent the houses and it will guarantee their childs later will have a decent life and the house not always be luxury because house at small village also the dream of some people and in my places which can be categorized small village the prices of properties is still quite cheap compared the house at the big town

If it were an inheritance from parents, it wouldn't be a problem, but now, with soaring housing prices in urban areas, many young people are starting to hesitate to own a home. Many of them think it's better to allocate their money to more promising things than buying a house, or even renting.
I agree with that. Unless your finances are already stable with existing investments for the future or an established business, achieving financial freedom might be the right time to own a home. Otherwise, I think it's better to pursue that first.

The issue of parents and children and their relationships regarding living space is actually much more multifaceted than it might seem at first glance.
Many parents are of the opinion that children should not be left with an apartment or house because children should achieve this themselves, and although this is a rather harsh view, it is nevertheless quite understandable.
There is a concept of overprotection in the world - this is when parents take too much care of their children. I believe that if children are given a house or an apartment at 18, then this will most likely harm their worldview than have a positive effect.

In many countries of the world, people dream of building their own house in the future, where they will live with their family. The future plans of most of the youth in my country are to achieve financial success and build a house themselves. And I also plan to build a house to build my own home in the future. Every person has a goal in life to build their own house, for which people work hard throughout their lives. People work hard to achieve their future goals, save money, and in the future, they plan to build their own house and car.

Owning a house is one of those dreams that carry a deeper meaning than just having four walls and a roof it’s more about the sense of permanence and pride that comes with it many people spend years working and saving just to be able to stand in front of something they built and say this is mine. It also shows how strong the connection is between financial stability and personal happiness when someone achieves that milestone they don’t just get a place to live they get peace of mind and a foundation for the future that’s why the thought of building a home often becomes a driving force behind hard work and sacrifice.

The journey might be long and full of challenges but reaching that stage is a clear reminder that dreams are achievable as long as there is discipline and determination it’s a life goal that never loses its value because a home will always represent comfort family and success.

In as much as this might be a good idea remember that people have a reason why they want to build their house in an exact location, some people don't because they want to set up a business there or to get some kind of connections with people, setting up their house in a rural environment might aspect their plans. That aside, it might only reduce the cost to acquire a land but nothing would change the cost of building materials that are inflated

You seem a little out of touch or you are misunderstanding the situation. The younger generations are always going to want to want their own space and only the degree of safety that owning your home (even if paying it off through a mortgage) gives you. The problem they are increasingly facing is getting priced out of the market, as more businesses seem to be buying and renting property for a profit. Especially in this time of high interest rates, which followed over a decade of very low interest rates, caused a spike in prices while wages were generally stagnating. I don't think the desire to own a home has changed, it is just becoming ever more difficult as time passes.

Being a tenant myself in the past, I totally agree with you that renting is not as easy as people make it sound, and it's not only about the money, it's also about freedom and will for doing things in the place you are living in, I mean, you are basically not allowed to do whatever you want in a rented place, right? The landlord will have certain conditions and rules, and you will have to obey them; otherwise, he has your money that you've submitted as a security deposit, and he won't think twice before deducting money from that when you are leaving the rental if he finds you've gone against his conditions.

When you own a house, you are basically free to do whatever you want with it. Renovate it, do things that you think will make your house look better, or have a structure as a whole. Color it whenever you want, or build whatever you want if there is space for it. You don't get to do any of these things when you are renting.

So, these are a few reasons, apart from a financial point of view, why someone should try to own a house as soon as possible.

Depends where you live. In here you can always buy some cheap land from some dying cities, but there's no jobs for you in there.
And likely those zoning area requirements of what materials you should use and how the building should look might end up being really expensive.

Because zoning areas that accept "cheap" looking ugly buildings that stand out among the neighbourhood are rare.

It still boils down to you knowing what you want, and you knowing the size of your bank account. You have no business going to buy land to build in an expensive zones. I believe that there are zones of high income earners, medium income earners and low income earners. You shouldn't be a low income earner and want to buy a land to develop in zones meant for high income earners or medium income earners. You should be looking out to buying land to develop in zones allocated to low income earners. And it is not compulsory that you will end up having a job in areas where you built your house. If there are no jobs in the area, you can be transporting to areas were there are jobs, and go back home after the close of work on daily basis.