In this busy world we live in, youngster has find out that buying assets is becoming complicated day by day. This essay will discuss the main causes behind the difficulties young people have to face while buying their own home and its possible solution to the problem. If we ponder the issue, a hoard of causes will be found accountable for this situation, espacially the unemployment and increase expenditure. I wholeheartedly feel that however abysmal the situation is, such a menacing inclination can be tackled by creating opportunity and taking proper actions.
One paramount causation behind owning house is scarscity in job market. To be precise, current situation, thousands of students compete with each other for a singal role. To examplify, in a survey of Harvard University they states that the ration of educated joblessness is getting higher then illitarates. Resultantly, source of income are becoming very limited. Another viable reason is that expenses on daily objects are reaching wages limit and this is still continiously increasing.
Luckily, to solve this serious issue, supporting innovation and enterprenurship is the most efficient solution. In other words, we can help young people to start their startup and invent jobs for others. To cite an example, if a person starts his own farm he will make profit and also create several jobs for others like gradener, cleaner, delivery man and etc. Consequently, it will support the growth of economy as well as creating various places for others. The other actionable approach could be that the government could play an intregal role in addressing the issue. To put it in other words, the authorities concerned can take action to motivate foreign companies to train and hire employees form their country.
In essence, the affordability of owing a house is getting challenging for youngster, main reason for this is crisis in job market and financial difficulties. But following the solutions will surely solve this matter. However, both of the remedy can only be done by government vigilence.
