If real estate prices appreciate by an average of 3 to 5 percent annually, but wages only increase by an average of 2 percent?
How will future generations be able to afford housing?
- D.E.B.S.Lv 71 month agoFavourite answer
Future generations? This is a real issue right now in most major markets. Of course, at the same time there is a lot more 'other stuff' to waste money on which didn't exist before so people think they don't have as much money when they really do.
- A HunchLv 71 month ago
They will simply have to make choices like every other generation.
- like rent with roommates or forgo $12 drinks.