MELBOURNE (CU)_An inequality-focused think tank recently conducted an analysis on the lifetime cost of buying a home among different generations and found that the outlook is grim for younger generations in Australia. According to Melbourne-based research experts, which compared mortgage interest rates, home prices and wage changes, the lifetime expenditure on the median mortgage escalated by 130 per cent over two generations.
The report, in which the findings were published, said a family born…
