cross-posted from: https://reddthat.com/post/55286315
I keep seeing data showing that a huge share of people around 30 can’t afford their own home anymore, not just in the US, but in parts of the EU as well. It seems like homeownership at that age used to be normal, or at least achievable, but now it feels almost out of reach for an entire generation.
If people can’t afford a home, how are they supposed to start a family? And without stable conditions for forming households, what does that mean for birth rates, future labor force size, and long-term sustainability of things like pensions, healthcare systems, and public infrastructure? Are countries going to end up relying almost entirely on immigration just to maintain population and tax bases?
Curious to know what people think. How do you feel about all these and what are the long-term consequences if this continues?
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Fertility rates are falling into the abyss. I don’t see this trend reversing.
It’s an act of defiance for those who have had their economic and political agency stolen from them.
I’ll never be out of my student loan debt, I’ll never own a house. At this point I buy to repair what I have. I have a small section I’ll buy new as a method of entertainment as that’s needed. Everything else though is useless fluff to me. Internet costs just went up for me, might be time to just go outside.