The end of the homeowner? New research reveals two thirds of Australian believe the next generation will never be in a position to buy their own property

  • Almost two-thirds of Australians believe the next generation will never be able to afford their own home.

    New research by MLC, part of National Australia Bank’s wealth management division, also found one-third of parents are concerned their children will not enjoy the same standard of living as their own.

    MLC chief executive Andrew Hagger said there has always been an expectation that future generations will do better than people today, yet these findings paint a different picture.

READ MORE VIA DAILYMAIL

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Almost two-thirds of Australians believe the next generation will never be able to afford their own home (stock image)

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