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> So, are young people buying their 1st home now? If not, is it actually easier for them to buy? No, young people are not buying their first home. Despite that
by baobabKoodaa 2y ago
> So, are young people buying their 1st home now? If not, is it actually easier for them to buy?
No, young people are not buying their first home. Despite that, yes, it is actually easier for them to buy. What is stopping them? I would say mainly the expectation that housing prices will drop further as the economy is going further down the drain, leading to better buying opportunities at a later time.
- actionfromafar 2y agoThat sounds like buying a home not to live in and start a family in. Pretty sad if so.
- baobabKoodaa 2y agoThings are not black and white. People who are starting a family and buying a house will typically contemplate a long time on when it's the right time to buy. It's natural that financial aspects play a part in that equation (expectation of having a job, expectation of housing market going up or down, etc.)