Falling home ownership to smash retirement system

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By Leith van Onselen

A group of academics have warned that collapsing rates of home ownership could send government spending on housing assistance soaring. From The Conversation:

…falling rates of home ownership – could further increase the demands on the housing system. The HILDA Survey reveals rates of home ownership have fallen from 72% in 2001 to 66% in 2016.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.