My kids and their friends (a couple of years under and couple of years over 20) are looking to be the main victims of the housing crisis, but barring some catastrophic "life derail", at this point I don't see any of them living in tents or on the streets at any point in their lives.
BTW plenty of countries in the world are nations of renters and apartment dwellers where owning property (especially spacious ones offering decent privacy) is only for the very richest population tranche.
While not necessarily desirable, we wouldn't be a global outlier if that ends up being our future.
__________________
The Last Word.
|