PHOTO: A fifth of Aussies and about the same of Queenslanders have given up on being able to buy a home.

ONE in five Aussies believe they are locked out of the housing market and will be renting for life, new research out today warned.

Research released by finder.com.au said “over three million renters believe they may be renting for the rest of their life”.

It found about one in five was the ratio for Queensland too, which emerged with the highest percentage of people who’d consider never owning a home (22 per cent).

The figure was 19 per cent in New South Wales, 18 per cent in Western Australia, 17 per cent in Victoria, and 13 per cent in both South Australia and Tasmania.

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