

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.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
The Rise of Parental Assistance in Purchasing First Homes
01:47 • 3min
Living with Parents: A Look at Young Adults in Australia
04:58 • 3min
The Role of Family Support in First-Home Buyers' Financial Challenges
08:26 • 4min
The Shift from Secure Waged Employment and the Rising Necessity for Family Help in Buying Property
12:45 • 2min
Homeownership, Financial Assistance, and Inter-generational Wealth
14:32 • 14min