Young buyers prop up real estate market, which despite higher interest rates and energy crisis stays pretty stable

3 comments
  1. Ah shit, here we go again.

    – young people can only afford a house if they get money from parents
    – boomers screwed all the young people by buying appartments for renting out
    – anyone with 2+ properties is evil and a menace to society
    – how am i suppose to save for a house if i cant even afford my gas bill?
    – boomers all bought at low intrest and now young people get second picks at higher intrests

    Pick your poison

    /thread

  2. It makes sense. If you’re in your twenties, even as a doctor, you won’t be making enough to afford an entire house yet. But if you have parents who are middle class (or above that) then they either could’ve saved up a bit for you, or y know, they just covered your basic expenses your entire life so any studentenjob you worked in high school or college disappeared straight into your piggy bank and after graduation you’re able to immediately get an apartment/car/etc and put away some money into savings from the get-go.

    It also helps that their idea of “young people” is apparently everyone below 35.

    And yeah, people feel pushed to buy fast now because it’s not like the problem is going to improve, it’s just going to get worse.

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