5 Minute News

Challenges in Housing Sector for Households and Youth

March 27, 2025

The rising cost of housing affects households and young people, as expenses include utilities like electricity and fuel. Young individuals, whether students or workers, face challenges due to high rents and difficulties in saving or obtaining loans. The housing sector represents a significant portion of the GDP and requires more government support to become affordable. Targeted actions are necessary for a long-term solution to the problem.