When falling home ownership and ageing baby boomers collide
- Written by Rachel Ong ViforJ, Professor of Economics, School of Economics, Finance and Property, Curtin University
As the dream of home ownership eludes more and more older Australians, this has big implications for retirement, pensions and government spending on rental assistance.Billion Photos/Shutterstock
Until now, the majority of older people in Australia have achieved the goal of owning their own home outright. Hence, policymakers have typically shown...
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