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?

2 Answers

  • 1 month ago
    Favourite 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.

  • 1 month ago

    They will simply have to make choices like every other generation.

    - like rent with roommates or forgo $12 drinks.

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