The Elusive Dream of Affordable First Home Ownership The notion of owning one's first home has long been considered a fundamental aspect of the Australian dream – or at least it was until the housing market turned against would be buyers.
In countries around the world, from Australia to the United States and the United Kingdom, aspiring homeowners are finding it increasingly difficult to break into the property market.
The reasons for this trend are complex and multifaceted, but a common thread is the growing gap between housing prices and average incomes.