Homes not costly but deposits are

Why not give access to super savings early on to bridge the deposit gap? The end result will be much the same except that the benefits of ownership will supercharge the retirement return providing more assets by retirement. It wouldn’t cost the government anything, improving well-being in retirement, and potentially halving the time spent saving the deposit.

Other solutions could include encouraging inter-generational joint ventures, such as parents lending equity, or mezzanine finance.

The state government’s best role would be to reform planning legislation to ensure a steady stream of new supply, so capping the possibility of scarcity gains in price and ensuring.

The interest rate cycle has just about run its course, which means asset appreciation larger than economic growth will have too. But that won’t erase the deposit gap issue. Part of the stability of Australian society has been that we are a nation of home owners. We all need to ensure that continues.