The HMinfo Research Library contains an in-depth collection of materials on home modifications and related subjects.
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Entry costs to home ownership have been rising in Australia since the mid 1950's but home ownership rates had not fallen by the mid 1980's. This paper shows that median ages for first home buying have been declining among succesive cohorts over the post-war era. The paradox of rising entry costs and earlier home buying may be explained by rising labour force participation among women immediately after marriage and awareness of the increasing financial returns from long-term home ownership. The finding suggests that access to home ownership in the future may be increasingly limited to young adults having high household incomes.
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