The dream of homeownership is slipping away for young South Africans. At 36, the average first-time homebuyer is now three years older than a decade ago, and the numbers reveal a generation being systematically priced out of the property market.The Reality Check:Average house price: R1.6 millionMinimum monthly salary needed: R35,120+Only 15.8% of single earners can afford the average homeYouth unemployment exceeds 60%Home purchases by 26-35-year-olds dropped 25% since 2018What You'll Discover:This deep-dive analysis exposes the perfect storm preventing young South Africans from buying homes. From skyrocketing property prices that have increased 900% since 1995 to interest rates that jumped from 3.5% to 8.25% post-COVID, we break down every barrier facing potential homebuyers.Provincial Breakdown:We reveal exactly what you need to earn in each province—from R28,900/month in the Free State to R58,200/month in the Western Cape. Even the "affordable" provinces require above-average salaries, while 70% of households can't afford average homes even with two incomes.The Banking Reality:Uncover how lending practices may be perpetuating inequality, with approval rates and loan amounts varying significantly across demographic lines. We examine why 48% of home loans are declined and what the government's pushing banks to disclose.Beyond the Numbers:Explore the rise of "Generation "Rent"—young professionals choosing flexibility over ownership, joint purchases among friends replacing traditional spouse partnerships, and the safety-first mentality reshaping buying decisions.Historical Context:In 1995, a large home cost R259,453. Today, that amount won't even cover a deposit. We trace how housing shifted from a normal life milestone to a luxury purchase, outpacing both inflation and salary growth.Join the conversation:Share your housing experiences and whether you believe homeownership is still achievable for young South Africans.

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