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.

[icebar]

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.

This same problem has been seen in 90% of the countries of the world. In my opinion, the only reason for this is inflation. Currently, most of the countries of the world are experiencing massive inflation. In recent years, inflation has been seen on average around 4% in most of the countries of the world. This has led to a lot of expenditure on food, medicine, medical treatment and rent for living. This has made it difficult for the average middle class to earn a living. In this situation, buying a house or apartment has become difficult. Therefore, the population of the society is decreasing at a large rate in the hope of a better livelihood, which will make the situation more serious in the future.

[uneng]

While people are wasting money on unreal or artificial things, what is real is getting more expensive... That is the deal with real estate. You are actually purchasing something real which will last for decades or even centuries.

If to own a house is important for you, don't give up on this goal. Just make sure to keep it realistic. Look for affordable areas. The problem is that people are looking for fancy and inflationated areas their money can't buy.

[Ultegra134]

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.

I believe that this is the "correct" way of seeing things. Housing crisis doesn't have a flat-out solution, you can't do one, two, three moves and simply solve it. It's a huge investment market and the issue of the "poorer" is the solution of those who are richer. Me owning a few properties and renting them out is a lucrative and passive income, for the renter, it's a financial burden.

This is a world-wide issue, but what the OP is describing about declining birth rates, fewer marriages etc. is only an issue to developed western countries, not third-world ones in which the population is on a surge.

[Iamgoat]

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.

We also experienced similar issue in my country where house rents skyrocketed in prices and the affordability of housing generally was in its all time high. One major contribution factor to such incident based on my observations is nothing other than inflation. Inflation of building materials and transportation made it very difficult and less interesting to build a house or even rent one as developers found it difficult to build at a cheaper cost and landlords also shoot up their prices especially when they realized building material costs have risen. As a result, only a few people could afford housing in my country and the condition has remained like this ever since then.

[Exitoral]

You're right though. Housing is becoming a global issue. Prices or houses is skyrocketing and governments seems not to be concerned. Others are busy wasting money for irrelevant wars that can go into providing houses and others are busy looting funds that is meant for the country. Things are just crazy. We definitely live in a crazy world. Prioritizing irrelevant things and neglect things that will help humanity.

This is affecting family formation seriously. For example I don't have money to purchase a home because of the high cost of it and you want me to settle down. Like how. Things like this don't affect the rich because as the prices go up they benefit. Only if the government steps in to curb this.

We should not forget the importance of Bitcoin. Inflation is real and with DCA, you can wage against that.

[Synchronice]

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.

To my mind, that's partially happening because everyone wants to leave their own family and move in a new house and create a new family there. In Asian culture, children that grow up, marry and raise children in the house of their parents, they aren't looking for a new apartment. In European culture, you have to move out, find an apartment and build your family there. Right now, there aren't many houses and there is a housing crisis because of that but because of that, slowly, even in European nations, some people stay with their parents but mostly unmarried ones. In general, it's crazy to spend almost half of your salary in rent while you could have all the fun with that 50% of salary.

[Mate2237]

Housing has been one of the basic necessities of life right from the beginning of time. And even in this generation the issue still remains an issue, looking at the way that the world and the rising global population crisis the issue of housing is one thing that most countries are struggling to tackle. Housing are one of the key agendas that every responsible government are trying to solve by providing cheap and affordable housing to her citizens.


Government should come up with plans that will see them reduce the burden of housing to her citizens. This is because as inflation eats deep across the world especially in developing countries the cost of building a house is greatly affected this in turn has made the cost of rents increase, because it's not easy building a house.

[iBaba]

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.

You made a good point, housing is no longer just about shelter it now affects so many parts of our lives. When housing becomes too expensive many younger people start delaying marriage, having children and even long term plans because they don’t think they have enough money to build the kind of life they want. That pressure, uncertainty and that constant struggle to afford decent housing really changes our mindset over time.

A lot of people now focus more on survival than growth which slowly affects family structure and even our optimism about the future. That is why we younger generations becoming less hopeful because that stability we used to look forward to feels harder to reach and what is interesting is that this is no longer just one countrys problem, the pressure and that same frustration is now almost everywhere in the world.

[Nalain420]

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.

Once the housing was seen as a basic human necessity of life but now it is being treated as an investment. This shift of seeing housing as a fundamental need into financial assets seems out of reach for so many. It is being nearly impossible for the younger generation to own a house, this is creating a market problem also it is breaking the social contract and the demographic impact that you have mentioned in your post is quite concerning. If people can't find any good shelter to live then they delay everything else like getting married having children that will instabilize the entire economy creating a global crisis. Which is quite concerning and need to be tackled in a better way.