Quote:
Originally Posted by Irace86.2.0
We could start with the concept that owning should be an available option in the market. If we ask ourselves why are affordable homes not available in our market, and if we ask ourselves if we are fine with the market moving further and further away from home ownership to home renting, as it moves further into the hands of the few,
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What seems to be described in the USA is happening here is Aus too. That is, wages haven't kept up with rising home prices. In Aus it used to be that owning one's home was an achievable goal for most. Not any more.
Having said that in Western Europe a very large percentage of people rent all their lives but the difference is the market caters to this demographic and renters have a lot more rights than in Aus and I'm guessing in the USA too.