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Home ownership on the decline

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Australian Broker | 31 May 2011, 03:00 AM Agree 0
A new white paper by super fund REST has found home ownership on the decline in Australia
  • Radical | 31 May 2011, 12:29 PM Agree 0
    I find the article confuses several issues. The statement "15% of Australian retirees currently do not own their own home" and the number is set to increase to 25% within 15-25 years. Then it goes on to say the the results are indicative of worsening affordability shutting people out of the housing market. Retirees will have affordabilty issues as they have retired and now on lower incomes or pensions.
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