Explore homes in app

By Coposit

The harsh statistics presented by years of Census data are undeniable and track the continued decline in home ownership since the 1940s.

Unveiling a slow and steady decline in home ownership for young people, the Census data shows that in the period 1947-1951, 54.2 per cent of people aged 25-29 were homeowners.

But by 1971 this had dropped to 43.5 per cent, and 20 years later in 1991 was 37.4 per cent  – and the latest data from Census 2016 shows that 15 years later home ownership for young people is still at this low level of 37.4 per cent.

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