Home ownership among young Australians has fallen by more than one-third in the past 25 years despite relatively low interest rates, a major welfare report has found.
The country’s overall home ownership rates have been in steady decline in recent decades, with the proportion of Australians who own their properties falling from 71 to 67 per cent.
The drop has been most dramatic among young people, the Australian Institute of Health and Welfare has found in a biennial report card released on Thursday.
Home ownership among young Australians
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