
Perceptions of Housing Affordability Report 2019
The ongoing affordability crisis is entrenching a generation dependent on parents for housing, with the number/proportion of Millennials giving up hope of moving out of home by 30 years of age surging.
The 2019 Perceptions of Housing Affordability, conducted by YouGov/Galaxy Research on behalf CoreLogic, found the proportion of Australians who think they will be at least 30 years of age before leaving home has jumped from 20% in 2017 to 34%.
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Who should use this report?
This report is essential reading for economists, policy advisers, government planners, property market followers, media, bankers, real estate agents or anyone wanting to better understand the key sentiments of Australians towards housing affordability.
What’s included:
The report identifies and highlights a number of key trends:
- Millennials keep home ownership dream alive
- Australians finding it hard to secure a loan
- ‘Cubby House Syndrome’ worsens
- Housing costs remain high
- Australians want stamp duty addressed
- Foreign buyer concerns ease