[dragonsky67]

You are so correct, property ownership is now just a dream, however I stand by the cultural inertia of home ownership rather than "making it big" as being an underlying driver in peoples minds. Why else would people take up mortgages at very low interest rates that will be impossible for them to make payments when the interest rates start to rise as they have started to do.

My kids (low 20's) still seem to dream that owning a home (well at least having a mortgage) is something that they can aspire to on a normal wage. The one who has given up on this idea is now tending towards "not playing" as being a logical decision with regards to economic participation, and to be honest who could argue with them.