Housing is no longer a goal for the next generation

[MissNonFall9]

...

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.

[Jawhead999]

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.

[TopT3ns]

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.

[Macro Exchange]

...

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.

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.

[DaNNy001]

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.

[MarjorieZimmermanGinger]

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.

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.

[MissNonFall9]

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 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.

[Jawhead999]

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.

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.

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.

Lol, you're correct in what you saying.

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.

[MissNonFall9]

...

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.

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.

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.

[l3pox]

ural part of
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.

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.

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.

[Unknown Op]

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.

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.

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.

[AmaGold70]

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?

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.

[Ziskinberg]

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.

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.

[Rockstarguy]

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.

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.

[Synchronice]

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?

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.

[passwordnow]

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.



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.

[EFS]

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.

[Smartprofit]

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?

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.📢

[slapper]

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?

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

[uchegod-21]

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?

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.