India, June 17 -- Podcaster Raj Shamani has sparked a debate by saying that buying a home feels "entirely out of reach" for most youngsters in today's economy. Shamani, 28, was making a wider point about why Gen Z feels comfortable spending on smaller luxuries like expensive coffee rather than saving the same amount of money for milestone purchases like real estate.

The 28-year-old host of the business podcast Figuring Out with Raj Shamani aired his views in an X post that has since sparked a debate on the social media platform.

Raj Shamani argued that many youngsters have become less motivated to save for traditional goals, such as buying a house, because those goals feel increasingly unattainable due to high property prices and stagna...