Fewer Australians occupy own houses: ABS

Source: The Age

Sydney : Australia | 26 days ago

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One-third of homes were owned by people who lived in them in 2007-08, according to the Australian Bureau of Statistics. That represents a drop of about 10 per cent from 1994-95 levels. During the same period, the amount owing on mortgages almost doubled to an average of $150,000, consistent with rising...

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Home ownership down, renting up: ABS

News Source: Sydney Morning Herald | 26 days ago

The proportion of people who owned outright by their occupants has dropped from 42 per cent in 1994-95 to 33 per cent in 2007-08, the Australian Bureau of Statistics said today. Over the same period, the proportion of households renting rose to 30...
Fewer Australians occupy own houses: ABS

News Source: The Age | 26 days ago

One-third of homes were owned by people who lived in them in 2007-08, according to the Australian Bureau of Statistics. That represents a drop of about 10 per cent from 1994-95 levels. During the same period, the amount owing on mortgages almost...