Young and poorer Aussies locked out of owning homes, OECD report says

rates among younger and poorer Australians have suffered a dramatic slump over the past 40 years, new international research shows.

In Australia there has been a decline in homeowner ship rates across every generation for the past 40 years.And the OECD - which represents leading economic nations - warned the situation for poorer younger Australians is likely to worsen in coming years. "In the face of unprecedented housing market challenges, it is more important than ever to ensure that housing taxes are both fair and efficient," OECD's centre for tax policy director, Pascal Saint-Amans, said.

I offered JEChalmers an idea* about how to address this before. He and Treasury_AU RBAInfo need to think about whether they have the courage to explore something new instead of their appalling Govt-equity plan *will be billed

Funny these groups never mention overseas investors like chinese. Its always the blame of people who have worked hard and are in a position to invest.

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