The intergenerational wealth gap, driven partly by rising property values, is changing expectations and limiting life-style choices for younger Australians.
The security of home ownership is arriving later in life, if it is achieved at all. Family formation is delayed as the 2021 Census shows through a sharp rise in single people aged under 35s.
Emilie Dye is a Sydney-based economist and economic adviser who's personal experience of saving for a mortgage deposit is indicative of the home-ownership challenge faced by her generation.
In this conversation with Nick Cater, Dye looks at the issue from an economic, cultural and personal perspective.
Dye puts forward policy proposals based on Liberal principles by which state and federal governments could begin to bridge the wealth divide. The goal is to encourage wider home ownership and an Australia this is both more prosperous and fair.
Nick Cater is Executive Director of the Menzies Research Centre, presenter of the Watercooler podasts and video conservations and the host of Battlegrounds, a weekly program steamed on ADH TV and also available as a podcast.
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Information
- Show
- FrequencyUpdated Bi-monthly
- Published16 August 2022 at 11:27 pm UTC
- Length33 min
- Episode97
- RatingClean