Home ownership for Australians under 40 dropped dramatically from a third to a quarter in just four years, a new survey released on Wednesday shows.
Latest figures show 31.2 per cent of 18 to 39 year olds owned a home in 2010, compared with 25.2 per cent in 2014, the Household, Income and Labour Dynamics in Australia (HILDA) Survey found. In 2002, 35.7 per cent owned a home.
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Young Australians are increasingly left out of the property market