The job market can change quickly in the coming decades, so parents should not worry too much about buying houses in big cities for their children.
In the past, no one thought that a household in the Central Highlands with a few hectares under durians could easily earn enough in a few years to buy a house in a big city.
Many people in the countryside still cling to the old mindset that in a few decades, their children will still have to pack their bags and head to the city to make it big. Hence, they do not even consider the career opportunities that exist in rural areas.
Currently, industrial zones are growing in rural areas, attracting not only workers but also an increasing number of engineers, experts, and office workers. As exports of agricultural, seafood, and aquatic products increase, the job market in these rural areas develops and diversifies beyond manual labor. Commerce and services sectors there will also evolve.
Science and technology are advancing rapidly, with robots and AI becoming increasingly sophisticated, replacing humans in many industries and causing some professions to disappear and new ones to emerge. Thus, these changes are difficult for us to predict.
Therefore, if you save enough money to buy a house in the city now, that is good, but if it means being burdened with debt for a lifetime, it is not advisable. If you already have land in the countryside, it would be better to save money to buy more for future production purposes, rather than building a big house.
Nowadays, I see many people striving beyond their means to buy a small apartment measuring just a few dozen square meters to live in and later pass down to their children. The problem is that these people would have to borrow money and live miserable lives for several decades, which I doubt is ideal for anyone.
An apartment passed down to your children and grandchildren will deteriorate over the years, but land will never be in excess whether you live in the countryside or big cities. If your children are talented and become excellent engineers or doctors, capable of thriving in the city or studying abroad, then my opinion may not be accurate. Other than that, your children can live just fine in the countryside through agriculture if there are no jobs in the city.
So what are your thoughts on this matter?
Reader hongnhungpaticusi
*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.
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