The Economy, Stupid

Inheritocracy: The lasting generational advantages of home ownership

Oct 12, 2023
Exploring the societal implications of relying on inheritance for property ownership, the significant increase in first home buyers receiving assistance from their parents, the high percentage of young adults living with their parents in Australia, the ongoing financial challenges faced by first-home buyers and the role of family support, the rising property prices and stagnant incomes making family help necessary, and the relationship between home ownership, financial stability, social class division, and inherited wealth.
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