I don't agree that life now feels like "treadmill" — life is what you make of it, if you live just to score fancy abroad vacations, buy new phone every year and wear 10 pairs of Tommy Hillfiger jeans... well then your life is a treadmill ;-) It's a matter of perspective and focus in life
Did you notice the key point? Property prices. They are out of reach.
A friend from my last office wants to buy a home. He has essentially a guarantee of lifelong employment, with a salary that today equates to something around 3000€/month pre-tax. He wants to own a small house in the neighborhood where he's renting now. But he's searching for a few years now, as he doesn't want to pay a million for it. Yup, 27.7 years of pre-tax salary for a small house. And mind you, this is not even a capital city.
