Nearly Half of Renters Believe Homeownership Is Out of Reach 🏑

A new report reveals that almost 50% of Australian renters feel they'll never own a home, as rising property prices push more people into long-term renting or renting for life.

Nearly Half of Renters Believe Homeownership Is Out of Reach 🏑
ABC NEWS (Australia)
529 views β€’ Nov 12, 2024
Nearly Half of Renters Believe Homeownership Is Out of Reach 🏑

About this video

As owning a home grows increasingly out of reach more Australians are renting for longer and even for life. A new report has found tenants across the country are willing to pay more to secure longer leases. But experts say forever renters will face more financial pressure in retirement.

Video Information

Views

529

Duration

1:59

Published

Nov 12, 2024

Related Trending Topics

LIVE TRENDS

Related trending topics. Click any trend to explore more videos.