With the housing prices increasing and the interest rates much lower, the post-1980s struggle to buy their first house.
They believe that it may be an affordable time for them to buy their first house, considering the job stability, the desire to settle down, and the low interest rates for the first-time buyers. But a lot of uncertainty about the housing market and the economy still remains. You should think about it carefully. Although a monthly mortgage payment may be comparable in some cases to a monthly rent, there are other expenses to consider.
The post-80s are still getting a grasp on their future and a constant change of lifestyle requires the flexibility of renting. But if your career is stable, and you are satisfied with your present situation, buying a house becomes a more attractive option.