Harnessing youthful energy through affordable habitats
As young people start their journey into adulthood, they face a plethora of constraints that forces them to rethink their priorities. Countless times you'll hear them shrug off their own novel ideas of entrepreneurship with an air of dejection – some seek solutions abroad, most are forced to remain, and remain anxious about the repayment of their lifelong shackles. Financially drained Indeed, a large majority of young Mauritians (50% salaried adults earn less than Rs 16,000) who have managed to settle down are chained to mortgage loan repayments for at least 25 years, which is until retirement. Add to this skyrocketing prices of land (if not already parcelled by their parents), discriminated against by the influx of returning residents ( “ enriched” from a fat cat-sponsored persistent depreciation of our Rupee against foreign currencies that is supported by prohibitive interest rates for loans – a reflection of market mistrust in the soundness of the Rupee requiring