{"id":21222,"date":"2019-09-29T12:11:18","date_gmt":"2019-09-28T23:11:18","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=21222"},"modified":"2019-09-29T12:11:18","modified_gmt":"2019-09-28T23:11:18","slug":"house-ownership-is-out-of-reach-for-disenfranchised-millennials-says-corelogic-property-analysts","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/house-ownership-is-out-of-reach-for-disenfranchised-millennials-says-corelogic-property-analysts\/","title":{"rendered":"House ownership is out of reach for &#8216;disenfranchised&#8217; millennials, says CoreLogic property analysts"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0An overwhelming majority (79pc) of those surveyed believe stamp duty costs should be lower or entirely removed. ABC News: Graeme Powell<\/strong><\/p>\n<p class=\"first\">The future is looking increasingly bleak for Australians, particularly millennials, who are trying to achieve the &#8220;great Australian dream&#8221; of owning their own home.<\/p>\n<div class=\"inline-content wysiwyg right\">\n<div class=\"inner\">\n<h2>Key points:<\/h2>\n<ul>\n<li>Almost half the respondents believed that saving up for a deposit was the biggest hurdle to property ownership<\/li>\n<li>Obtaining home loan approval (45pc) and stamp duty costs (44pc) were also significant barriers<\/li>\n<li>83pc of Australians are worried about being able to afford their first home<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>The latest Perceptions of Housing Affordability report by property analysts CoreLogic found 63 per cent of Australians who are still living with their parents say they cannot afford to move out of home.<\/p>\n<p>The report saw a surge in the number of people who think they will not be able to move out until they are at least 30 years old.<\/p>\n<p>In two years, that number has spiked from 20 to 34 per cent, with most indicating they would probably rent before buying.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.abc.net.au\/news\/2019-09-28\/disenfranchised-millennials-property-ownership-unaffordable\/11555420\">ABC<\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-format=\"autorelaxed\"\n     data-ad-client=\"ca-pub-6145729223818696\"\n     data-ad-slot=\"4282549428\"><\/ins><\/p>\n<p><script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>https:\/\/www.instagram.com\/p\/B22gtBVlJRQ\/?utm_source=ig_web_copy_link<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0An overwhelming majority (79pc) of those surveyed believe stamp<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/house-ownership-is-out-of-reach-for-disenfranchised-millennials-says-corelogic-property-analysts\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":21223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098573,478098730,478098512,478098521,478098726,478098892,478098566,478100371,478098542,478098519,478107114,478098535,478101874,478107115,478098522,478098809,478098537,478099205,478098556,478098513,478101743,478098873,478098579,478098510,478100165,478098514,478098511,478098705,478098533,478098509,478098536,478098618,478098677],"class_list":["entry","author-data123nz","post-21222","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-apartment","tag-auctions","tag-australia","tag-australians","tag-chinese-buyers","tag-corelogic","tag-first-home-buyers","tag-great-australian-dream","tag-home-loans","tag-home-ownership","tag-house-ownership","tag-house-prices","tag-house-values","tag-housing-affordability-report","tag-interest-rates","tag-landlords","tag-melbourne","tag-millennials","tag-nsw","tag-property","tag-property-correction","tag-property-investment","tag-property-market","tag-property-news","tag-property-values","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property","tag-victoria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House ownership is out of reach for &#039;disenfranchised&#039; 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