Recent Australian migrants are buying into the Great Australian Dream of home ownership.
- Brendan Coates
- The Conversation
But rates of home ownership among recent migrants are falling, as they are among all Australians.
Unless we build enough housing to match Australia’s growing population, all Australians, including migrants, will pay the price.
A recent data release by the Australian Bureau of Statistics (ABS) shows 54% of permanent migrants aged 15 and over own their home, compared to 67% of Australians overall.
Since migrants tend to be younger than native-born Australians, and…