How housing is slowly becoming a civilization level crisis!

[CTO114]

As we've seen these past years, housing is no longer just considered shelter as it influences; family formation, migration, fertility rates, and wealth inequality.

Globally, we're seeing the prices of housing sky rocket and when thus happens; bearing children is often delayed, overall the younger generation begin to give up their optimism.

Housing instability slowly d stabilizes demographic structures.

Funny how this can be relatable globally.

[summonerrk]

As we've seen these past years, housing is no longer just considered shelter as it influences; family formation, migration, fertility rates, and wealth inequality.

Globally, we're seeing the prices of housing sky rocket and when thus happens; bearing children is often delayed, overall the younger generation begin to give up their optimism.

Housing instability slowly d stabilizes demographic structures.

Funny how this can be relatable globally.

In the country where I live, housing prices are rising so rapidly that last year it was about 10% per year, and I think these are some crazy numbers, because apartments are becoming very attractive precisely as a means of investing and saving their money for the rich. While the middle class and the poor are completely unable to save for an apartment due to the fact that their money is devalued by inflation, real estate itself is also growing, and therefore it seems to me that in countries like this, some kind of regulation and revision of views are needed. And of course, I would like to say that because of this, the demographic crisis is only growing, which will further aggravate the general background in the future.

[Spaceman1000$]

As we've seen these past years, housing is no longer just considered shelter as it influences; family formation, migration, fertility rates, and wealth inequality.

Globally, we're seeing the prices of housing sky rocket and when thus happens; bearing children is often delayed, overall the younger generation begin to give up their optimism.

Housing instability slowly d stabilizes demographic structures.

Funny how this can be relatable globally.

In the country where I live, housing prices are rising so rapidly that last year it was about 10% per year, and I think these are some crazy numbers, because apartments are becoming very attractive precisely as a means of investing and saving their money for the rich. While the middle class and the poor are completely unable to save for an apartment due to the fact that their money is devalued by inflation, real estate itself is also growing, and therefore it seems to me that in countries like this, some kind of regulation and revision of views are needed. And of course, I would like to say that because of this, the demographic crisis is only growing, which will further aggravate the general background in the future.

What you postulated are exactly the samesituations i am experiencing in my country, houses are becoming very expensive for people and landlords and Real estate developers are saying the reason why this is happening is because of how expensive materials for building are becoming this time around, however whenever I get argument with some landlords, I always tell them that, the rentage they would collect for a house they built will take them literally a lifetime as they will be collecting either quarterly or annually, but this idea of wanting to get the entire money you use in building your house in a short period of time is detrimental to the people renting it. However we have a short fall on the side of the government because they are ordinarily supposed to step in to build satellite towns and low cost houses for people to afford rather they are taking a step back which shouldn't be so, and they are doing so leaving the citizens are the detriment of real estate developers.

[Joy_learns_crypto]

As we've seen these past years, housing is no longer just considered shelter as it influences; family formation, migration, fertility rates, and wealth inequality.

Globally, we're seeing the prices of housing sky rocket and when thus happens; bearing children is often delayed, overall the younger generation begin to give up their optimism.

Housing instability slowly d stabilizes demographic structures.

Funny how this can be relatable globally.

But look at the real estate industry opportunity it provides to the investors of real estate properties. New York, London, Sydney, Toronto, Atalanta are cities with high housing prices, but many rising and already made entrepreneurs, creators, tech experts consider this cities important for growth, aside the networking opportunities many other opportunities makes this city the best place for them.
Housing prices in major cities will keep on sky rocketing because the demand is high.

[Majestic-milf]

 The issue of rising rates in housing is being felt everywhere and it is quite worse being that the salary earner will have to struggle double to be able to meet up and it's not even helping that things have become so costly so that before you'd consider marriage or kids, you'd have to to ensure you've been able to feed and pay your bills.
As the years go by, the cost of things become explosive and I don't think there'd be a reduction in exorbitant rates soon enough.
In my country, prices and rates shoot up and rarely come down but I feel this is everywhere being that the cost of building materials(importation and manufacturing) are being elevated so it's going to affect properties, both new and existing.

[Moreno233]

I don't want to believe that there is a global gang up to make housing unaffordable for the ordinary people. It is just so shocking that this crisis is happening across the globe and in some countries, people spend most of their income on housing. In my countries, the landlords attribute the hike in rent to the cost of building materials because such market is not regulated and this leave people at the mercy of the importers of these materials and the manufacturers of cement who are also going crazy with their price hikes. The unfortunate part is that governments are not helping, they are not doing anything to checkmate the excess of these landlords. If nothing is done, even middle class will not be able to build houses.

[robelneo]

Globally, we're seeing the prices of housing sky rocket and when thus happens; bearing children is often delayed, overall the younger generation begin to give up their optimism.

Housing instability slowly d stabilizes demographic structures.

Here in our country, a third-world one, before you can buy or build a house, you have to be a manager, an executive, or working abroad as a professional because the wages are not even enough to buy a lot, and if you're working in a big company you have to take a loan to buy or build your house, and it will take decades before you can fully paid your loan.
A house you can call your own is one of the biggest dreams for every household because rent takes a large portion of their salary.

[Hypnotizer]

But look at the real estate industry opportunity it provides to the investors of real estate properties. New York, London, Sydney, Toronto, Atalanta are cities with high housing prices, but many rising and already made entrepreneurs, creators, tech experts consider this cities important for growth, aside the networking opportunities many other opportunities makes this city the best place for them.
Housing prices in major cities will keep on sky rocketing because the demand is high.

The real estate industry or housing industry has always been inflated as far as I know, and depending on the opportunities available in a particular region or city, they sometimes rise so significantly over a very short time and yes people would always need shelters and with no other option they just have to go with the price.

Housing crisis isn’t some easy solvable problem, it requires a lot to be solved and I don’t see anyone think or acting on solving it because it’s a very lucrative market and investment for those at the top and they wouldn’t just deflate the market to give people affordable housing.

As many posts have said in the past in this forum, some people try to find solutions fir themselves by renting cheap houses even if they’re outskirts of the city and they just manage.

[Wiwo]

Sometimes, location matters and your family background also plays a role in your overall experience in the housing thing and how one raise family, speaking from experience while growing up, I see elder owning house before marriage and each time they birth a child, they must make sure that that child own his or her own room within the parents house, cost of land and construction was cheap then.

Now there is global meltdown and post covid economics realities where the inflation rate has gone high so pricing too, building a house right now requires a lot of capital most especially if you live in the urban areas.

Before anyone should consider marriage and birthing a child, they must make adequate arrangements for their housing, because the cost of rent is killing these days coupled with high inflation globally.