Garry Barrett

Jul 20, 2023 | apo.org.au | Stephen Whelan |Kadir Atalay |Garry Barrett |Melek Cigdem-Bayram

Description This research analyses the economic constraints on people’s ability to buy a home over the four decades from the early 1980s. It analyses how home ownership has evolved over time; considers demand subsidies provided to first homebuyers; and examines the support from other family for first homebuyers. Home ownership rates for people aged 30 have fallen from a high of 65 per cent among those born in the late 1950s to around 45 per cent among those born in the 1980s.