For the increasing proportion of people living in private rental accommodation who can expect to be dependent on the age pension, the prospects of financial and housing insecurity are grim.
Income poverty statistics tell us relatively little about why Australian children live in poverty, or how to alleviate it. But housing plays a critical part in the problem.
Without long-term solutions to the imbalance between incomes and house prices, Gen Ys face a lifetime of renting without the financial and emotional security of home ownership.
Australia’s housing stock is not meeting the demands of older Australians, according to a new report.