Home ownership falling, debt rising – its looking grim for the under 40s

Home ownership among young people is declining, as mortgage debt almost doubles for the same age group, results from the Household Income and Labour Dynamics in Australia (HILDA) survey show. It also shows young people are living with their parents longer. The Melbourne Institute of Applied Economic and Social Research undertakes the survey every year. … Continue reading Home ownership falling, debt rising – its looking grim for the under 40s