Australia’s home ownership rate peaked at 73 per cent in 1966, but is about 63 per cent today. Here are ways to fix a damaging crisis that has morphed into a political, economic and social problem.
“My concern is the intergenerational economic time bomb, and future generations won’t be able to afford a home,” says Housing All Australians’ founder Robert Pradolin (MAICD).
“We’re all very complacent because we feel comfortable and rich”.
Read the full article at the Australian Financial Review here.