Saw this news piece yesterday about how the average time it takes people to save enough for a house deposit has jumped significantly in the past few years. Apparently, rising rents and living costs are making it harder for folks to put money aside each month. Honestly, I wasn't too surprised—feels like every time I check my savings account, it's barely budged, you know? But seeing actual numbers was still kinda depressing.
The article mentioned some people are now taking nearly twice as long to scrape together enough cash compared to just five or ten years ago. I mean, that's pretty wild. Makes me wonder if homeownership is becoming more of a distant dream rather than something achievable for regular people.
Curious what everyone else thinks about this—is buying a home starting to feel unrealistic these days, or do you think it's still doable with some sacrifices and careful budgeting?
