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Dream of home ownership slipping away for younger generation

New residential properties seen in Blacktown, Sydney, Monday, Aug. 14, 2017. (AAP Image/Joel Carrett) NO ARCHIVING

The latest report card on Australia's wellbeing has shown our reliance on welfare has increased by $40 billion over the past decade -- making up 9.5 per cent of our gross domestic product. The report also confirms the dream of home ownership is slipping further away, for younger generations.


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By Peyman Jamali, Sarah Abo, Amanda Copp

Source: SBS




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The latest report card on Australia's wellbeing has shown our reliance on welfare has increased by $40 billion over the past decade -- making up 9.5 per cent of our gross domestic product. The report also confirms the dream of home ownership is slipping further away, for younger generations.



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