Could governments do more to help people buy a home without pumping or sinking house prices?

 They say desperate times call for desperate measures, and perhaps that's the situation Australian home ownership finds itself in.

Once a dream, fulfilled by most, it's become a nightmare, unattainable for many.

In 1981, more than 60 per cent of young Australians aged between 25-34 owned a home. The latest census figures from 2016 show that had dropped to just 45 per cent.

The figures are far worse for the poorest 40 per cent of that age group, where ownership rates once barely lagged the general population, at 57 per cent, but have since more than halved to 28 per cent.

Read More: https://www.abc.net.au/news/2022-02-21/could-governments-do-more-to-help-people-buy-a-home-/100842524



Comments

Popular posts from this blog

The Future of Retail Space In Australia Commercial Property Market

The Australian city where house prices are growing by Olympic proportions

Shalom House invites critics to inspect facilities amid dispute over property near primary school