Growing up in Australia I have heard so many people talk about their dreams of owning their own homes. For some reason in my country it is very important to own your own home. I have relatives in Ireland and they say that it is becoming important there too. For many years my uncle talked about the european system and said that it wasn't that important in europe (homeownership). That many properties were available with controlled rent in the 50's-60's through council projects and people felt secure with this.
With the price of real estate in Australia the way it is, I feel that it has become increasingly difficult especially for first home buyers to 'get their foot in the door.'
What do you think?