Home Ownership Rates Continue to Fall

The Australian Bureau of Statistics (ABS) released their biennial survey of household income and wealth earlier this week.  The release has a huge amount of valuable data but at least initially I thought it was pertinent to look at the dwelling tenure data.  The information is provided from 1994-95 up until the latest release (2015-16).

The tenure data is premised upon who is currently residing in the property, this is important to understand because when we look at the proportion of…