Home Ownership

In the past few years, there has been a steady decrease in the percentage of Australians owning their home and an increase in the percentage of those renting. These numbers, coupled with fluctuating property prices, have left the future of home ownership in uncertainty.

In this episode, David is joined by Associate Professor Steven Rowley, the Director of the Australian Housing and Urban Research Institute’s Curtin Research Centre, and Curtin property lecturer Dr Amity James, to discuss whether the great Australian dream of home ownership will still be achievable in the future.

• The motivations behind home ownership (2.03)
• Price variations, and rates of home ownership among different age groups (6.19)
• Australia’s upcoming First Home Loan Deposit Scheme and Western Australia’s existing Keystart low-deposit home loan scheme (13.43)
• How Australia is faring when it comes to public housing (19.43)
• Positive and negative outcomes for the future (24.19)

Links

• Bankwest Curtin Economics Centre Housing Affordability Report 2019
• The Conversation: Housing affordability has improved slightly, but people on lower incomes will continue to struggle
• The Conversation: What sort of housing do older Australians want and where do they want to live?
• ABC News: Home ownership continues to fall as the great Australian dream gets more distant for many

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Curtin University supports academic freedom of speech. The views expressed in The Future Of podcast may not reflect those of the university.

Music: OKAY by 13ounce Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Music promoted by Audio Library

You can read the full transcript for the episode here.