Home Ownership Drops In 22 Countries Globally, except Australia
While home ownership rates are dropping around the world, Australia is bucking this global trend.
A study by Swinton Insurance has revealed that the number of people owning their homes in Australia has increased in the last 10 years.
The figures may seem surprising, as house prices in Australia have been climbing for a few years.
And with our national property markets having bottomed out earlier this year, there now seems to be a fear of missing out among buyers once again, especially in Melbourne Sydney and Brisbane.
Swinton’s research shows that the average monthly Australian salary is $4368.66 and the cost to buy...
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