[ro-_-b]

As unrelated as it may seem I consider this statement to be true. It's terrible that society is not creating a tax system that prevents real estate from being an investment vehicle. If real estate would be cheaper I would have probably settled down already several years ago. Now I am just thinking why should I work 40h+ just to afford an ugly, old & noisy 2-bed-room condo in suburbia if instead I can use that extra money to live like a king in an emerging economy, affording everything I desire from restaurants to cleaning services & at the same time afford the luxury to work less. Also many of my friends gave up on buying real estate & opt for working less/ more leisure instead. It feels like the boomer middle class society is breaking apart & I believe that to be a good thing because as more people change their views real estate will become affordable again. In the meantime I believe there are better investment opportunities anyways compared to current real estate prices in Western Europe.