Articles on home ownership

Displaying all articles

On average, Gen Ys are $50,000 short of the deposit they expect they’ll need to buy their first home. Lolostock from

What’s the key to home ownership for Gen Y?

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.
The current emphasis on the investor housing boom masks a long-neglected, Iong-term structural problem. AAP/Paul Miller

The facts on Australian housing affordability

Housing affordability, high house prices and rents are attracting plenty of media attention right now. The latest figures on house prices, mortgages, number of first time buyers and so on are dissected…
The dream of buying a home is increasingly unattainable for younger Australians. from

Without affordable housing, we won’t have a society worth living in

Home ownership is becoming a fading hope for those without an existing foothold in the market. For increasing numbers of younger Australians, the dream will give way to a future as tenants.
New homes like this one in Sydney’s south-west would be within reach for more first-time buyers in New South Wales if the state government supported shared home buying schemes. Dean Lewins

NSW is dragging its feet on help for aspiring first home owners

New South Wales is Australia's most populous state, with the most expensive capital city – yet it's done less than many other states to develop cost-effective options for aspiring home owners.
Lending standards are so tight that even former Fed Chairman Ben Bernanke, center, who until recently was one of the most powerful people in the world, can’t refinance his mortgage. Reuters

Ben Bernanke among borrowers paying the price for knee-jerk home loan rules

It’s clear mortgage standards have gotten too tight when even a former Federal Reserve chairman who makes as much as US$250,000 per speech cannot refinance his home. Ben Bernanke complained about his inability…
Everyone has a dream home, but for many it remains a dream.

Living on The Block and other housing fantasies

It’s ironic that fantasy home shows are the latest genre in reality TV, at a time when affordable housing is the real fantasy for many. The format is strangely addictive – photogenic twenty somethings…
The proportion of renters is now roughly equal to the numbers of outright home owners. Image from

Home equity: Australia’s growing wealth divide

For all our talk about housing affordability, few people want house prices to drop. That’s because most Australians are home owners, and much of our wealth is stored in housing. But recent figures released…

Top contributors