The Importance of Home Ownership for Young People

Young people tend to be left of center, perhaps when they're at university idealistic and what have you. But there's an old saying that by the time they're 30, their heads have caught up and they've moved back to the center or the center right. And in part, it's because they can't get their foot on the economic ladder. It's so hard for them to get into a house. A Californian, Joel Copkin has done some research on Australia, and it's astonishing the number of young Australians who don't believe they'll ever have a home. They don't see themselves as being able to work their way into it. So they don't feel invested