大象传媒

Young Australians can鈥檛 afford to buy a home where they grew up. This is because of a confluence of factors, and the "affordability crisis" has only accelerated during the Coronavirus pandemic. We鈥檒l hear from Alison and Susan, both of whom have come to the realisation that it makes more sense to buy elsewhere. Mike Wood of Australian Broker tells the 大象传媒's Frey Lindsay how the housing market has become so inhospitable to first home buyers, while veteran Australian economist Saul Eslake describes how government policy has pivoted from encouraging homeownership to propping up prices. And real estate economist Diaswati Mardiasmo lays out the various government schemes to encourage homeownership, and the risks involved.

(Picture credit: Getty Images)