Homeownership slipping further away for young people amid growing generational wealth gap
Higher living costs, rising student debt, falling rental vacancies and increasingly unattainable home ownership is the picture facing young people. It’s no wonder they are feeling let down. Experts warn a lack of timely solutions will continue to further entrench the generational wealth divide. Business Reporter Samuel Yang takes a look at what can be done to create a more equitable future. And one of Australia’s most respected economists Professor Ross Garnaut says the path to net zero will provide the best solution for young people through not only solving the climate crisis but also through creating jobs for decades to come.
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Credit to : ABC News (Australia)