Generation rent: How youth are battling the global housing crisis | The Stream

As housing prices soar globally, more people are rethinking home ownership. Amid the crisis, creative solutions are emerging: friends are pooling resources to buy homes they could never afford alone.
But it's not just about finances - it's also about community.
In this episode, we explore the housing crisis and innovative approaches young people are adopting. We'll hear from those embracing communal living and speak with housing experts who offer insight into global housing trends and potential solutions.
Presenter: Anelise Borges
Guests:
Tara Raghuveer - Tenant Union Federation director
Leilani Farha - Human rights lawyer
Lola Milholland - Group Living and Other Recipes author
Charlotte Shade - Lawyer
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#global #housing #crisis
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[@countryboy9695]

House is not just a place to live. It is connected to the trillions of debts owned by banks. Bankers rule the world and will never let house prices to fall. So until the bubble bursts there’s no way out.

[@resurrectedone7463]

US approves $20 billion in weapons export to Israel ....just think of what we could do with that money at home in our own country.

[@ryanwalters6184]

We can just print more.

[@justinlucas]

Btw, 55 million immigrants come to the USA from 2021 to 2024; that's why we don't have a home for new people.

[@ryanwalters6184]

@@justinlucas yep, it was a blessing.

[@rafaelpena4269]

@@justinlucas it's ALL the IMMIGRANT'S fault..lol..I guess their BROWNess got "in the way"

[@GottuboiBeachVolleyball]

If you live in a communal with people (often strangers) it creates less privacy, freedom and may create friction. Housing is a HUGE problem in the US.

[@aynrandfan7454]

My home in Vancouver is 2.98 million and monthly the mortgage is $6500. 10k property tax and around 2k in utilities cost…Canada is also not as affordable as you would think

[@WaveRider1989]

We all used to live in communal living for longest time in history. Today's living isn't sustainable with family of 4 living in a 5 room house. People used to live in joint families with larger houses or smaller, tiny houses of today next for a single family.

[@allykhan8594]

Singles living in 3 ved houses with many cats.

[@richardwiediger7298]

Never fear, the politicians are well taken care of!

[@Jake.steve3658]

Its corruption

[@America-The-Great]

I own a townhouse and have 3 roommates... all my neighbors thought I was crazy until some of them started losing their jobs or got reduced work hours....lol... I've been living in peace this whole time 😂😂😂

[@trichomaxxx]

The youth needs to push for a Land Value Tax. All hail Henry George

[@ryanwalters6184]

Everyone moving to America. Prices are not coming down. In Charleston it blowing up and houses cost 2x over 3 years.

[@TheLolz1988]

Problem is these are kids who dont understand how the economy and life works

[@andrenations1]

Not everyone wants to be a homeowner because they can't afford it, which has led to an automatic mindset. But in reality, everyone wants a home and a good car-those things are a basic part of life.

[@chrisbaker2669]

How do you know profits are up? Yes the rent is up but so are costs to own a home. The cost of homes have doubled in the last 7 years, interest rates are 2-3% higher, insurance cost are higher. The cost of owning a home is sometimes double the market rent so how is that price gouging when the rent doesn’t cover every expense? Property taxes rise every year. Before we left the gold standard the average house cost $25,000 today it cost $425,000 so the value of the dollar going down is correlated with housing prices going up. If the value of a house is $25,000 you can charge a lot less money for rent than if a house cost $425,000.

[@Techdesk0707]

It's common and our tradition in india to live with parents before and after marriage bcz when you are child the parent have full responsibility of yours and now it's your turn to help and love your parents as they do ❤

[@michaziobro5301]

Buying a house doesn’t make sense

[@coleengoodell7523]

Well I suppose there was a time that you could actually "own" land and property. That time has passed. Even if you manage to pay off your mortgage, you still have to pay yearly property taxes and other expenses. You own nothing. If you don't maintain it to code, you can be fined for it and lose it. If your property taxes go sky high, which is out of your control, the state will take it. If the state decides they need to build a road, railway or pretty much anything where your land is, they can and do take it. You're out. Because the greed of the greedy knows no bounds and their sticky fingers want more, more, more. Like a thirsty man drinking salt water to quench it. Their god is money, power, privilege and living luxuriously with the world.

[@fatafaelasuf7914]

Blame Landlord

[@Travellhubber]

HIS BALL las also lost their housing 😂😂😂😂😂😂😂

[@justinlucas]

Btw, 55 million immigrants come to the USA from 2021 to 2024; that's why we don't have a home for new people.

[@tarlkoroban3733]

Yet they always vote for political parties that perpetuate this situation.

[@scottandrews947]

In the US, there are only 2 political parties, both of which have done nothing to solve or even improve the housing crisis.

[@firstpostcommenter8078]

Afford a house where? In big cities like New York? Not even in Staten Island of New York but in Manhattan of New York? You need to understand that spatial planning of these cities are not done to accommodate rest of the population of USA. So either increase the number of cities or change the municipal borders of existing cities.

[@sandybeach3576]

This is leftist propaganda 😅

[@Anonymoususer1930]

Brought to you by George soros.

[@richardwiediger7298]

Never fear, the politicians are well taken care of!