How housing is slowly becoming a civilization level crisis!

[Bitcoin.com97]

The way price of houses skyrocket is alarming and government are not doing anything about it , at this point I feel they are aware of the plans because it’s making life difficult for people, the way I’m seeing things now it will be hard for next generation to owe a house , because it’s been treated as a business ,and it’s not only happening in one country it’s a global issue and should attended to , the increment rate is  very annoying, houses built in years , owner just wake up one morning and decided to add price making life hard for people.

[michellee]

The housing now becomes expensive and not available for average workers and if they want to buy a house, they must have some budget or use credit from their bank and pay from their salary directly monthly.

Not to mention about rent a house or apartment, that makes another problem as the price don't make sense. They can buy a land to build a house but the location will be far from the city.

But I see young families prefer to rent a house or apartment as they think that by spending some amount, they can save their salary and prepare to buy a land although that will be too far from their workplace.

But the strange thing is we can survive in this absurdity and carry on while we have a plan to buy a house.

[Marvelockg]

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.

The rise in cost if housing is a direct reflection of the rise in the cost of building houses and the increase in other commodities because if it takes an house owner and higher amount to set up a building, it's likely he's going to also increase the cost he gives out the house.

Life in general is becoming really expensive and for an average young man that's just starting his life from the base level, it's becoming rather deficult to start well because almost everything is getting really expensive and if You can't measure up to the current reality and start the way you are, in the future, there's an higher probability that things might even become more expensive.

We are leaving in a time when things only goes up but never comes down and for the current housing problem, there's not an indication that things will get better anytime soon.

[KiaKia]

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.

Which country are you from ? Because real estate in my country sucks, you will use most of the money you get from it to renovate the houses, people here don't give a f about keeping the properties intact.

Even if you drag them you are the one still spending some money too, it's going to be a not very good business for you and that's why I am asking for your location.

By the way, aren't houses artificial things? Even if you stop to live as a human should, and give all your all to real estate businesses you will leave them all behind, having artificial things is what people should do, they are humans afterall.

[katanic97]

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.

The worst part is that it really is connected to what's happening around the world, because it's exactly the same in my country too, maybe even worse. Housing prices keep going up, they were rising before as well, but never this fast. Young people today have a hard time affording property because of high prices and even higher inflation, and the loan options available to them are just crazy. Sadly, there aren't really any signs that things will get back to normal anytime soon. For now, i think it's best to wait for the right moment to buy property

[Odogwu-Blockchain]

In my country, it's harder to pay for a rent using two months salary, people be saying, if your three months total salary cannot afford your house rent, vacate from that environment. And yes, that's true, because accepting to struggle to leaving luxuriously is self destruction. You could see people be moving from one location to another in search of a pretty affordable rent for themselves and family every year.

It's even more worse if you are a remote worker, because you need an environment with consistent electricity, houses in such environment is quite expensive, very costly.

It's harder to here.

[WillyAp]

In my country, it's harder to pay for a rent using two months salary, people be saying,

It is hard anywhere, and hardest is that you need to live on bread and butter alone for a few years to be able to accumulate some security.
That is the sacrifice needed to get somewhere.

I live in a country where saving is impossible, so the people tell you. They prefer consume disguised as life.

[Crypto_Timothy]

I would like to differ, people are still giving birth in the numbers, I mean I agree with, the price of living is increasing and I am even a victim of it myself because I still don't understand how my house rent went from 350k to 1.2m in 3 years...more than 3x but still I don't think it has affected the birth rate. 
As long as it doesn't affect the process of giving birth, I don't think it is a fact to even consider. If you go under the bridges, you will see alot of homeless persons and some of them have new babies and young ones, so yea homelessness doesn't really affect birth rate like that.

[Creeper0]

As housing becomes more luxurious, the cost of housing is also increasing. If you look at the housing of 20 years ago, it was not so luxurious but a necessity. But now we are not limited to necessities, we now need luxuries. You did not need AC before, now you cannot live without AC. Some more luxurious features have been added to housing.

The increase in housing prices is also due to advanced technology, increase in factories, increase in roads and increase in commercial establishments. Because, most of the buildings in a city today are offices, factories, hotels, restaurants, etc. There are even many people who need more than one housing. I think the average number of housing units has decreased compared to the past. Some are getting more, some are not getting any.

[iv4n]

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.

You are right in some way... housing affects much more than just a roof over our heads. But at the same time, salaries, job security, culture, and many other things affect the life and our choices. One doesn't go with many others...

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.

Well, this is partially true... housing is getting expensive, but in attractive/desirable areas... especially in big cities. In some areas, it's a different story. For example, I bought a house near the city, an old house with a big yard, and I am still working on it... Of course, I spend more money on driving (kids, jobs, and other stuff), but I can hear birds singing instead of "city noises"...

[alastantiger]

Housing instability slowly d stabilizes demographic structures.

Funny how this can be relatable globally.

The reason why housing is becoming expensive is because the cost of building is also increasing, inflation has cost everything to increase in price meanwhile wages and salary are still not being increased in appropriate ratio to how inflation is affecting the value of our money. The high rate of unemployment is causing a lot of people to be out of job and that means when there is a little opening there is more population looking for that job thereby giving the employees an opportunity to lower the wages just to accept those that are not competent for the job and this is causing a lot of qualified people to be out of jobs while the unqualified ones or those with connections are getting hired. The high rise of AI and automated services has also made people to not be employable anymore because even companies are trying to cut down their cost thereby giving the jobs meant for people to machines to operate for scalability.

[WillyAp]

I would like to differ, people are still giving birth in the numbers, I mean I agree with, the price of living is increasing and I am even a victim of it myself because I still don't understand how my house rent went from 350k to 1.2m in 3 years...more than 3x but still I don't think it has affected the birth rate.  

Devaluation but renting a house for a million?
Elon Musk pays about 50k why don't you find a more conveniently priced object?

[asriloni]

When someone is struggling just to be alive. So he's not even thinking about housing because his salary is relatively stagnant, while inflation is always moving up. So this kills people expectation to have better life. No doubt it's also killing their expectation to get merried then have a child because they can't afford it.

It's indirectly helping to control the demography, but it's also bad in long term because a country always needs generation to run its economy.

I would like to differ, people are still giving birth in the numbers, I mean I agree with, the price of living is increasing and I am even a victim of it myself because I still don't understand how my house rent went from 350k to 1.2m in 3 years...more than 3x but still I don't think it has affected the birth rate. 

Devaluation but renting a house for a million?
Elon Musk pays about 50k why don't you find a more conveniently priced object?

I guess he said that in his local currency, not in USD. 1m USD can be used to rent a luxury penthouse and it makes no sense if he paid such money just to rent a house.

[Fiatless]

Funny how this can be relatable globally.

Many factors have contributed to the rise in the price of housing. In some countries, it is caused by population explosion and migration. In these countries, there is a high birth rate or more people are moving to that area.  In some African countries population growth is the reason for the high cost of houses. While developed nations are facing an immigration crisis.

So many young people are avoiding getting married and having children because they can't afford a bigger house. They want to avoid getting married until their income increases. There is a low birth rate because some of them end up never having children because their income never goes high.

[Cheema02]

The way price of houses skyrocket is alarming and government are not doing anything about it , at this point I feel they are aware of the plans because it’s making life difficult for people, the way I’m seeing things now it will be hard for next generation to owe a house , because it’s been treated as a business ,and it’s not only happening in one country it’s a global issue and should attended to , the increment rate is  very annoying, houses built in years , owner just wake up one morning and decided to add price making life hard for people.

Yes, in different areas of world housing prices are rising much more faster than ordinary incomes. Previous generations owning a home after putting great efforts and hard work and its considered a tough task but currently for young generations its becomes a dream which gradually disappearing. Another problem is that the amount  is not increasing as the property values increasing at high rate so this situation making its so hard for individuals to save money.  Governments often promising for improvements in property department but market regulation still very unrational in many countries. Its looking very unethical when people raising there house's prices without any governmental verification. So government took serious action against property defaulters because owning a home is the most stable dream for many individuals.

[Tamaperdana]

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.

I'm not exactly sure why housing prices continue to rise significantly every year. But what's certain is that it's most likely due to high demand and limited land. The human population is increasing, and everyone naturally wants to live in a home. That's why housing is so expensive. Not only that, but in densely populated countries like Hong Kong, housing is even more expensive. A few days ago,, I saw a documentary on YouTube showing people without large incomes living in small boarding houses that resemble large drawers. It's truly devastating,, because housing in Hong Kong is incredibly expensive, and ordinary people simply can't afford it. They're forced to live in these small, drawer-like boarding houses. Yes,, it's unavoidable in such densely populated countries. So we must strive to have a decent home for our families.

[Akbarkoe]

Many factors have contributed to the rise in the price of housing. In some countries, it is caused by population explosion and migration. In these countries, there is a high birth rate or more people are moving to that area.  In some African countries population growth is the reason for the high cost of houses. While developed nations are facing an immigration crisis.

So many young people are avoiding getting married and having children because they can't afford a bigger house. They want to avoid getting married until their income increases. There is a low birth rate because some of them end up never having children because their income never goes high.

The increase in housing prices is indeed a lot of supporting factors, as you said for example is the population, because as the population increases the land narrows and also the demand is increasing and that can drive higher prices, and the point that I added is building materials where this also supports price growth in the property itself and this is also an important part where these materials are used to build a house.

Yes it happens in this era of young people delaying their marriage.