Generation Rent [in the media]

Friday, November 15, 2013

The amount of first time buyers taking out home loans has fallen to its lowest level in almost a decade.

Compared to 30 years ago, there’s now twice as many Australians renting, and for many Generation Y's now in their 20’s and 30’s, buying their own home will now seem almost unattainable.

Mark McCrindle joins Today Tonight on the topic of Generation Rent – outlining how difficult it is today for young people to break into the property market.

Today it is twice as hard for young people to buy their first property compared to when their parents were starting out, because they’re not just competing with other first home buyers but also with investors, self-managed super funds, trusts and overseas buyers.

Four decades ago, an average home in a capital city was 5 times the average annual earnings, and today it’s 10 times average annual earnings.

It’s not all bad news – in many areas, particularly in the inner city suburbs, it is much cheaper for young people to rent than buy, and as long as they’re investing and not spending everything on lifestyle pursuits, young people will get ahead even without home ownership.

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


volunteer debt TED talk demographer future proof the hills tertiary education online shopping entrepreneur gen z proactive dare to dream work-life growth of sydney Vocational education community workshop sunburnt country life hobart state shbc logan housing trends brisbane mateship wealth and income award winner wealth inequality pyrmont generational trends ACF17 kate middleton medicine Jura Coffee census results income VET sector FOMO mobile young people water rich work from home Business analysis Australia street SA Charlotte suburbs Christchurch focus group financial fears trend easy rider English dreams Christmas presents speakers weather community engagement year 7 intern sector wide study Valentine’s Day church unaffordable changing face of sydney resilience results chairty gen alpha Engineering Manager qualitative research alpha ethnography coffee lovers community event TAS property Andrew Duffin events thrive schools students Births marrickville professional seasons wage world ACF2017 teleworking Gen X living cultural diveristy Territory cooking sydney event ease of travel australian community trends report social research Australian community trends clothing growth national private wealth McCrindle Speakers collaboration the changing face of ideas pharmacies Queensland priorities students socialising baby name sydneycity casual education future report Hunter Valley toys Kirsten Brewer housing market baby boomers trends of 2017 younger generations cancelling plans VIC plans ageing population study leadership workshop gig wellbeing forum education research car shopping centre Love IT Specialists new york times Australian communities society curiosity office space going out cost EFF demographics investing baby name predictions Australian schools Work place dessert sentiments Sydney keynote speaker vegetarian futurist Deaths stats volunteering data in the media 40 million personalities Real Estate Institute of Victoria small business supply and demand "know the times" investment teachers eliane Kiwi future of shopping budget student Gen Y gig economy cash report aged care Sydney’s south west engage entrepreneurs of today australians staying home more snapshot couple marriage data social analyst home ownership money choice workers households social lives identity TDE future of education workforce faux-cilising royal 2016 census results story cost of living baby names in depth interviews blaxland etiquette personal growth Wellington trends responsive conference presentation Mount Annan-Currant Hill Skilling happiness meals survey design click Queensland: QLD Northern Beaches cancelling event royal family sports cold list social enquiry mccrindle megatrends volunteering builders leader urban taskforce What is food insecurity? The Daily Edition Sydney Hills Business Chamber transport business performance social life global population map follow financial future travelling panel university the australian dream emerging technologies social shifts ipswich wages #censusfail sun Adelaide media ACF 2016 spirituality Elderslie-Harrington park omnibus DESTEL work mates video purpose breakfast researcher case study DIY fears live the dream professional development hopes commuters screenage demographic trends professional services sydneysider forecasting bureau forecast internship Research Director learn technology data analyst group System's Architect darwin who is generation z giving communication safe optus sector wide VET capital city meetings infographics lifestyle mover and shaker city care support daily commute home owner healthy future Australian Census summer urban living index socialites financial father's day national crime rates Australia Day 2017 recap house price rise Christmas lunch mythbusting census data crime youth neutral bay sydneysiders university degree earn housing HSC high density living menai 2015 hunger social trends Generation X Crime Rates Tuesday Trend WA internships low density demographic transformations Real Estate trades insights rent social researcher Cobbitty-Leppington workplace culture holiday Channel 7 wealth contiki brand experience media release lalor park overcast trend tuesday learning styles tips emerging generations volunteers rule keeper real 2017 society trends mccrinlde divorce rate sydney metro public speaker domestic Research Executive population growth faux-ciliser parents apartments Mark McCrindle in the media McCridle change rise of local residents cartodb young australians not-for-profit shopping research focus groups post rationalism celebration insight educhat collaborative household renting children victoria Netflix culturally diverse mining boom trends of 2016 mccrindle in the media mccrindle tea Jura Australia employment increasing densification ashley mckenzie Wagga Wagga innovation selfie Geoff Brailey housing affordability hello fresh pharmacy Channel Seven global generations millennials Canberra typical australian program learner faith Macquarie University public holiday screenagers world youth day australian real estate 24,000,000 jobs of the future charity winter blues housing growth 24 million thought leadership divorce huffington post cultural diversity visualisation local community social researchers innovative growing population sector financial independence christmas New South Wales Melbourne suburb mother's day Sydney Lower Hunter Region aussie culture the hills shire shopper's pick women education sector digital optus my business awards ACT Report facts economic Myth google for education brands business index Australian Families challenge school communicate award home property price ashley fell high school 2013 event high density apartments future proofing South Australia australian communities forum coffee wealth and income distribution faux-cilise 1980 environment Australians litter names social analysis 2016 census parenting consumerism property market ferry speaker Australian Population grandparents social impact winter acf15 hills shire relevant census fail economy FPA careers communities Northern Territory entertainment environmental scanning social commentary entrepreneurial Northern Beaches Christian School middle class Res Vis unemployment greatness friends census 2016 anzac politics GPO royal baby australian communities trends report define JOMO internet data visualisation presentation online woolworths research services professional speaker tuesday TED mythbusters employmer friendship moderators guide career trends analyst interactive Bathburst royal influence average Australian networking daily telegraph newspaper storytelling millenials graphs Tuesday Trends participants house price market research NT ACT news population youth unemployment Assistant Store Manager family speakers pack rising house prices motivate Wodonga buildings geomapping narcissism generation Z infographic wall James Ward communications 10 years high density customer not for profit research sustainable micro apartments presentations Australian Home vegemite generations keynote financial planning offenders national wealth educated house prices the great screenage statistics Financial Planning Week travel analysis local culture goal fresh conferences keynote speaker local communities teaching earnings weekly earnings NBRS Architecture language group session demography renter of the future potts point australian social research baby names report research data Western Australia workplace schools quote investor Australian Bureau of Statistics speajer debate suburban living 2014 energy earning professional presenters donate relational public speaking Tasmania February 16 Australian Dream christianity emerging trends aged care puzzle experience affordability leadership 23 million The ABC of XYZ research pack townhouses food bank gold coast 2016 teacher wedding resource poker master January 26th population milestone 2012 media activity 1968 annual income affordable Aussie teach SMSF australian apartment staying in SRE holidays REIV Conference research on coffee CBD Hills Shire Council sydney hills generation alpha Hornsby Shire Council australia know the times Social Trend social issues NSW Scouts religion training Lower Hunter mortgage Maxim Accounting social media deloitte rain the lucky country optimistic research visualisation retirement crows nest Financial Planning Association tv norwest goals paying to work demographic employmee finance Word Up balance princess charlotte Caregiver urban living child care SMART men REIV National Conference house publication learning cars long weekend donation capital cities cica twentyseventeen shifts Generation Y rental stress train consumer brand social engagement nfp outsourcing product TEDx prince george families equip google mentor baby names australia report manly PSI baby conference conference speaker food insecurity repayments NFP event owning a home school students showreel jobs Christmas season food perth survey business financial dreams Performance Sentiment Index mccrindle research moreton bay New Zealand tattoos poor skills cloudy days Royals waverton not for profit office impact gender office opening future of work sydney speaker village dreaming Australia Day Do It Yourself cancel plans NBRS ABS criminal Australian Trends bus marriages stay home future-proof belief slideshare employers dream education future spend education land of the middle class tableau visual Duchess of Cambridge CPI Sydney population bondi Australian demographics marketing urban non profit public transport infographic NEETs school satisfaction commute hills micro future Financial Planning Association of Australia sunny days media commentary average aussie the average aussie government World Water Day salary authenticity 1975 organisations Willowdale states generation 2020 ageing baby boom social commentator tea average sydneysider wealth distribution Aussies easter organisational culture Population Clock Mark McCrindle millionth ACF 1994 grave decision wolloomooloo charities new office area commuting hornsby Northern beaches Event monarchy eliane miles ultimo year 12 work staff baby name trends census Education Future Forum New Zeland global financial crisis social change Merry Christmas Australian Communities Trends christian research report