Current affair: report shows that young people are harder to own their home

Young people are living with their parents longer; those that aren't are suffering greater mortgage stress. The trends are showing in the latest Household Income and Labour Dynamics in Australia (HILDA) national survey. The University of Melbourne survey has been running since 2001 and follows the same group of people to assess how their lives are changing. As Ivan and Selina report, while housing costs continue to rise, wages have stagnated, leaving many contemplating a debt-filled future retirement.

Homes in the Sydney suburb of Eastlakes Source: AAP